Which of the Following Is NOT an Effective Pricing Strategy

question 57

Multiple Choice

Which of the following is NOT an effective pricing strategy to use when customers define value as "low price"?

• A) Odd pricing
• B) Synchro-pricing
• C) Value pricing
• D) Penetration pricing
• E) Discounting

Recognize the application of operant conditioning principles in real-life scenarios.

Distinguish between operant and classical conditioning.

Understand the concept of shaping and successive approximations in behavior modification.

Comprehend the law of effect and its significance in learning processes.

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Definitions:

Revenue Collection

The process of gathering funds collected from sales, services, taxes, or other sources by an organization or government.

Short-Term Financing Cost

The interest or other costs associated with borrowing funds for a short duration, typically less than one year.

Standardized Products

Goods or services produced to a uniform specification that ensures consistency and compatibility across different uses and customers.

Credit Periods

The timeframe given by a seller to the buyer to pay for the goods or services received, usually measured in days.