Prada and Gucci Products Most Likely Use Which Pricing Strategy

question 129

Multiple Choice

Prada and Gucci products most likely use which pricing strategy?

• A)Penetration pricing.
• B)Skimming pricing.
• C)Prestige pricing.
• D)Price lining.

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Definitions:

Ethics Officer

A professional responsible for developing, implementing, and overseeing policies and procedures to ensure ethical behavior within an organization.

FSGO Guidelines

A set of standards provided by the Federal Sentencing Guidelines for Organizations, aimed at deterring misconduct and promoting ethical behavior in businesses.

Duties

Obligations or tasks that an individual is bound to perform, either legally or morally.

Code of Ethics

A formal document that outlines an organization's values, principles, and standards for professional conduct.