Examlex

Solved

Why Would Marketers Use a Skimming Price Strategy

question 161

Essay

Why would marketers use a skimming price strategy?


Definitions:

Common Sense

Sound practical judgment concerning everyday matters, or a basic ability to perceive, understand, and judge in a manner that is shared by (common to) nearly all people.

Tradition

The transmission of customs or beliefs from generation to generation, or the fact of being passed on in this way.

Status Quo

The existing state of affairs, especially regarding social or political issues.

No Collar

Describes workers in industries characterized by creative or knowledge-based jobs, as opposed to traditional blue-collar or white-collar sectors.

Related Questions