Which of the Following Pricing Strategies Is Used to Gain

question 85

Multiple Choice

Which of the following pricing strategies is used to gain as much market share as possible?

• A)penetration pricing
• B)skimming
• C)prestige pricing
• D)competitive pricing

---

Definitions:

Status Cues

Signals or indicators that reveal an individual's social position or status to others in various social contexts.

Status Cues

Signals or indicators that communicate an individual's social standing, rank, or class within a society.

Personal Zones

The invisible physical space surrounding an individual that defines their preferred distance from others, varying by culture and context.

Social Organization

The patterned network of relationships and social interactions that define a society or a group within a society.