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Gaining a Thorough Understanding of Competitors' Marketing Practices Is a Key

Question 31

Multiple Choice

Gaining a thorough understanding of competitors' marketing practices is a key element of successful marketing planning and execution; utilizing that information to determine your pricing is an example of ___________________.


A) Penetration pricing
B) Price skimming
C) Target ROI
D) Competitor based pricing
E) Value pricing

Correct Answer:

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