To Drive Its Competitors Out of a Certain Geographic Segment

question 24

Multiple Choice

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

• A)predatory pricing.
• B)business judgment.
• C)predatory bidding.
• D)price discrimination.

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Definitions:

Empathy

Empathy is the ability to understand and share the feelings of another, a key component of emotional intelligence and interpersonal relations.

Congruence

The degree to which a person's self-concept and their experiences are aligned, often used in psychology to indicate authenticity and psychological health.

Unconditional Positive Regard

A concept in psychology where an individual is accepted and supported completely, without judgement or conditions.

Fully-functioning

Describes a person who is living at their fullest potential, emotionally, psychologically, and in relation to others.