When Sharp First Introduced Its Line of Graphing Calculators, It

question 148

Multiple Choice

When Sharp first introduced its line of graphing calculators, it set the price quite high; it has lowered the price as competitors have entered the market. The pricing strategy initially used by Sharp is called

• A) customary pricing.
• B) odd-even pricing.
• C) penetration pricing.
• D) price skimming.
• E) prestige pricing.

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Definitions:

Potential Drawback

A possible disadvantage or negative outcome associated with a decision or action.

Statement Of Purpose

Planning statement that defines why you are preparing a report.

Analytical Report

A type of business report that uses qualitative and quantitative company data to analyze performance and make recommendations.

Informational Report

A factual document that presents data and analysis without the writer's opinion, often used in business and science to inform decision-making.