Big Dog Building Is the One of the Largest Cement

question 346

Multiple Choice

Big Dog Building is the one of the largest cement companies in the Midwest. When the firm raised its prices by 11 percent, all of its competitors soon announced they too were raising their prices by 11 percent. It appears this industry is influenced by a ________ strategy.

• A) price skimming
• B) price leadership
• C) market pricing
• D) price discrimination

---

Definitions:

Gradually Increase

The process of slowly raising the level, amount, or intensity of something, often used in contexts like exercise, workload, or medication dosage.

Growth and Development

The process of physical maturation and psychological expansion through stages of life, affecting capabilities and behaviors.

Preschool Children

Preschool children are typically aged between 3 and 5 years, and this period is crucial for their development in various areas such as language, social skills, and motor skills.

Motivational Counseling

A collaborative, person-centered form of guiding to elicit and strengthen motivation for change.