A _____ pricing strategy makes more flexible arrangements,compared to other strategies,to set prices according to local marketplace conditions.
A)standard
B)product-line
C)market-differentiated
D)dual

Question

Quizplus · Accepted Answer

A market-differentiated pricing strategy allows for adjustments to be made to prices based on specific market conditions or customer segments. This provides greater flexibility and responsiveness to the local marketplace, compared to standard or product-line pricing strategies, which rely on a fixed pricing structure. A dual pricing strategy refers to setting different prices for different channels or customer groups, but does not necessarily allow for as much customization as a market-differentiated strategy.

A _____ Pricing Strategy Makes More Flexible Arrangements,compared to Other