Which of the Following Statements About Penetration Pricing Is True

question 191

Multiple Choice

Which of the following statements about penetration pricing is true?

• A)Penetration pricing is a cost-based pricing method.
• B)Penetration pricing encourages competitors to enter a market.
• C)A penetration pricing strategy is more effective in a marketplace with price-sensitive consumers.
• D)Penetration pricing is a profit-oriented approach to pricing.

---

Definitions:

Universal Laws

Fundamental principles or laws that are believed to be universally applicable, regardless of systems or beliefs.

Direct Pronouncements

Clear and explicit statements or announcements made by an authoritative source, often used in the context of official declarations or policy communications.

God

A supreme being considered in various religions as the creator and ruler of the universe, often worshipped and invoked.

Ethical Fundamentalism

is the belief in following a strict set of ethical guidelines or moral codes, regardless of circumstances or outcomes.