When Sony Introduced the First Consumer VCRs in the 1970s,the

question 74

Multiple Choice

When Sony introduced the first consumer VCRs in the 1970s,the retail price exceeded $1,000.Within a few years,the price dropped well below $500.This is an example of:

• A)skimming strategy.
• B)penetration strategy.
• C)cost-based strategy.
• D)price ceiling strategy.
• E)transfer pricing strategy.

---

Definitions:

Jargoning

The use of specialized or technical language in a particular field, profession, or group, often making communication difficult for outsiders.

Cooing

Early vocalization of infants, consisting of producing soft, murmuring sounds, often reflecting contentment or pleasure.

Babbling

The production of consonant-vowel sequences by infants, which precedes language acquisition and is essential for the development of speech and communication.

Broca's Area

a region in the frontal lobe of the dominant hemisphere, usually the left, of the hominid brain with functions linked to speech production.