________ Involves Charging a Constant Low Price with Few or No

question 85

Multiple Choice

________ involves charging a constant low price with few or no temporary price discounts.

• A)High-low pricing
• B)Target return pricing
• C)Cost-plus pricing
• D)Everyday low pricing
• E)Penetration pricing

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Definitions:

Challenge

A call to engage in a competition or contest.

Corporation

A legal entity separate from its owners, offering limited liability to its shareholders and able to own property and sign contracts.

Close Corporation

A corporation whose shareholders are limited to a small group of persons, often family members.

Shares

Units of ownership in a corporation or financial asset, representing a portion of the company and conferring certain rights and liabilities to the shareholder.