Marketing MCQ
Marketing
_____ is a pricing policy whereby a firm charges a relatively low price for a product when it is first rolled out as a way to reach the mass market.
_____ is a pricing policy whereby a firm charges a relatively low price for a product when it is first rolled out as a way to reach the mass market.
_____ is a pricing policy whereby a firm charges a relatively low price for a product when it is first rolled out as a way to reach the mass market.
a.
Status quo pricing
b.
Price discrimination
c.
Price skimming
d.
Penetration pricing
Answer: d.
Penetration pricing
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