Match the Term with Its Definition

question 121

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A technique that places different values on a product or service for customers with different needs

• A)Adaptive pricing
• B)Average pricing
• C)Follow-the-leader pricing
• D)Markup pricing
• E)Penetration pricing strategy
• F)Prestige pricing
• G)Price lining strategy
• H)Price
• I)Skimming price strategy
• J)Value
• K)Variable pricing strategy

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Definitions:

Off Site

Occurring or located away from the main or original site, often referring to events or activities.

Communication Skills

The ability to convey or share ideas and feelings effectively.

Shared Sense

A common understanding or mutual agreement among a group of people on a particular idea or set of principles.

Creative Talent

Individuals possessing a high level of creativity and ability to generate innovative ideas or artistic expressions.