________ Is a Business Strategy of Offering a Basic Version

question 55

Multiple Choice

________ is a business strategy of offering a basic version of a product free of charge and then charging for upgraded versions of the product.

• A) Prestige pricing
• B) Freemium
• C) Price segmentation
• D) Reverse marketing
• E) Dynamic marketing

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Definitions:

Investment Group

A collective of individuals or entities that pool their resources to invest in various ventures or securities.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, project, or business activity.

Syndicate

A group of individuals or organizations combined to promote a common interest.

Contracts Fraud

Contracts fraud involves the intentional deception or misrepresentation made by a party in a contract to gain a financial advantage or to harm the other party, often relating to the falsification or concealment of information.