A Lower Volume/higher Price Strategy Is Called Price _______

question 22

Multiple Choice

A lower volume/higher price strategy is called price _______.

• A)saturation
• B)gouging
• C)penetration
• D)skimming
• E)beating

---

Definitions:

Forecasting

The process of making predictions of future events or trends based on analysis of past and present data.

Scanning

The act of analyzing the internal and external environments of an organization to identify trends, opportunities, and threats.

Managed Electronically

The process of organizing, controlling, or conducting operations using digital technology and electronic devices.

Environmental Scan

An analysis method that examines the internal and external environments of an organization to identify opportunities and threats.