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AllenZ AllenZ
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7 years ago
What is competitive pricing?
A) A company sets a low price to attract many customers and deter competition.
B) Price is determined in relation to rivals, factoring in other considerations such as market dominance, number of competitors, and customer loyalty.
C) A company sets a high price to make a large profit; this can work when there is little competition.
D) This is the technique of pricing products or services in odd rather than even amounts to make products seem less expensive.
E) This is the strategy of continuously setting prices lower than those of competitors and then not doing any other price-cutting tactics such as special sales, rebates, and cents-off coupons.
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weshonweshon
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7 years ago
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AllenZ Author
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7 years ago
You make an excellent tutor!
jmendoza
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Yesterday
Smart ... Thanks!
jasonbourne
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2 hours ago
Just got PERFECT on my quiz
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