All of the Following Are Reasons for Implementing a Penetration

question 60

Multiple Choice

All of the following are reasons for implementing a penetration pricing strategy except

• A) to gain rapid market acceptance.
• B) to discourage new competitors' entry into the market.
• C) to rapidly recover startup costs.
• D) to increase existing market share.

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Definitions:

Explanatory Variables

Variables in a statistical model that are used to explain variance in the dependent variable; also known as independent variables.

Sales

The exchange of a commodity for money; the action of selling something.

Least Significant

Refers to the component of a data set, measurement, or statistical result that contributes the least impact or importance.

Explanatory Variables

Variables in a statistical model that are used to explain variation in the response variable, also known as independent or predictor variables.