Virtual Electronics Utilizes a Strategy to Charge a Very High

question 87

Multiple Choice

Virtual Electronics utilizes a strategy to charge a very high introductory price for their automobile video theatre.After identifying that their rival firms did not carry this new product,they chose this strategy to achieve maximum profits.Virtual Electronics has chosen a ________ strategy.

• A)high-low pricing.
• B)penetration.
• C)bundling.
• D)skimming.

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Definitions:

Rule Setting

The act or process of establishing guidelines or principles to dictate behavior or procedures in a specific context or activity.

Warm

Describes a personality trait characterized by kindness, friendliness, and empathy towards others.

Sensitive

Being easily stimulated or responsive to environmental or emotional changes, often requiring thoughtful and careful handling.

Relational Aggression

A form of aggression that aims to harm others through deliberate manipulation or damage to their social relationships.