Which Pricing Strategy Has the Advantage of Being Simple to Calculate

question 104

Multiple Choice

Which pricing strategy has the advantage of being simple to calculate but has the disadvantage of ignoring demand and competitive conditions?

• A)gray marketing
• B)skimming
• C)penetration
• D)market holding
• E)cost-based

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Definitions:

United States

A country in North America composed of 50 states, a federal district, five major self-governing territories, and various possessions, known for its diverse geography and culture.

Structural Disadvantage

Circumstances where social structures limit opportunities and outcomes for certain groups based on factors like race, class, or gender.

Overlapping Social Problems

Issues that are interconnected and complicate each other, such as poverty, education inequity, and racism.

Ponzi Scheme

A fraudulent investment operation where returns to earlier investors are paid from the capital contributed by new investors, rather than from profit earned.