To Drive Its Competitors Out of a Certain Geographic Segment

question 17

Multiple Choice

To drive its competitors out of a certain geographic segment of its market,Drone Drives,Inc.,sets the prices of its products below cost for the buyers in that area. This is

• A)price-fixing.
• B)business acumen.
• C)predatory pricing.
• D)price discrimination.

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Definitions:

Task

Refers to the work that needs to be accomplished within a group or organizational setting.

Traditional

Referring to customs, beliefs, or practices that have been passed down through generations within a culture or society.

Tavistock

Refers to the Tavistock Institute, a British organization known for its contributions to organizational behavior and social science research.

Psychoanalytic

A set of theories and therapeutic techniques related to the study of the unconscious mind, originated by Sigmund Freud.