When small manufacturing companies face rapidly increasing raw material costs,they can adopt a number of strategies including:
A) pass the increasing costs along to their customers without comment.
B) absorb costs for the short term and plan for double price increases in the next pricing cycle.
C) reconsider their competitive strategy and seek a niche they can service.
D) emphasize the value their company provides customers.
Correct Answer:
Verified
Q7: _ pricing strategy introduces a new product
Q8: Geographical pricing includes numerous techniques,such as:
A)uniform delivered
Q9: The basic objective of a penetration pricing
Q10: A new product _ pricing strategy is
Q11: The final price set by the entrepreneur
Q13: When using a skimming price strategy,small business
Q14: Small business owners get into trouble when
Q15: _ pricing policy is used to introduce
Q16: _ is a technique in which a
Q17: When a small business practices price lining,it
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