Which of the Following Is True of High-Passive Strategy Pricing

question 2

Multiple Choice

Which of the following is true of high-passive strategy pricing?

• A) It is used when competition for the market target is very high.
• B) It emphasizes nonprice competitive factors.
• C) It is primarily used by discount retailers.
• D) It is used by producers whose brands are not familiar to the market.

---

Definitions:

Flu Vaccine

A vaccine that protects against the influenza virus, often updated annually to combat the most common strains.

Probability

A measure of the likelihood that an event will occur.

Salesperson

An individual who sells goods or services, often working on commission or for an organization.

Poisson Random Variable

A variable that represents the number of times an event occurs in a fixed interval of time or space, following the Poisson distribution.