____________ Is Setting the Price Lower Than Competing Brands in Order

question 49

Multiple Choice

____________ is setting the price lower than competing brands in order to enter a market and quickly gain a significant share of the market.

• A) Price skimming
• B) Premium pricing
• C) Penetration pricing
• D) Bait pricing
• E) Captive pricing

---

Definitions:

Guanabara Bay

A large oceanic bay located in southeastern Brazil, known for its beautiful views and environmental challenges.

Brazilian Government

The federal democratic system governing Brazil, composed of executive, legislative, and judicial branches.

Sensors

Devices or instruments that detect and respond to physical or chemical signals in the environment, converting these inputs into electronic data.

Global Markets

The worldwide marketplaces where goods, services, and financial securities are bought and sold across national borders.