Rancone Technologies, a Laptop Manufacturer, Released a New Laptop Model

question 17

Multiple Choice

Rancone Technologies, a laptop manufacturer, released a new laptop model that was priced at $800 to attract customers who could afford to pay a higher price. After a few months, it introduced low-priced versions of the same laptop to attract new buyers. By doing so, it maximized profitability by targeting different segments of the market. In this scenario, Rancone Technologies has used the _____ strategy.

• A)penetration pricing
• B)everyday-high pricing
• C)loss-leader pricing
• D)skimming pricing

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Definitions:

Diencephalon

A brain area (consisting of the mammillary bodies, thalamus, and hypothalamus) that plays a key role in transforming short-term to long-term memory, among other functions.

Short-Term Memory

The ability to keep a limited quantity of data actively accessible for a brief duration.

Brain Changes

Alterations in the brain's structure or function, which can result from injury, disease, psychological conditions, or ongoing development.

Cerebellum

An area of the brain that coordinates movement in the body and perhaps helps control a person’s ability to shift attention rapidly.