A penetration strategy is a strategy whereby a business sets an intentionally high price relative to the prices of competing products.

Name: A penetration strategy is a strategy whereby a business sets an intentionally high price relative to the prices of competing products.
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Quizplus · Accepted Answer

A penetration strategy is actually a strategy where a business sets a low price for its products compared to its competitors. This is done to attract customers and gain market share.

A Penetration Strategy Is a Strategy Whereby a Business Sets