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Which one of these was a contributing factor to the need for many foreign banks to seek aid from their governments as a result of the financial crisis of 2007-2009?
Consumer Behavior
The examination of how individuals, groups, or organizations choose, acquire, consume, and discard products, services, experiences, or ideas in order to fulfill their needs, and how these activities affect both the consumer and the broader community.
Price Skimming Strategy
A pricing approach where a firm charges the highest initial price customers will pay and then lowers it over time.
Penetration Strategy
A marketing approach aimed at increasing market share for a product or service by entering the market with a low price.
Innovative Products
Products that introduce new features, functionalities, or technologies to meet emerging consumer needs or to open new markets.
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