What Are Two Effective Pricing Tactics That Can Be Used

question 80

Multiple Choice

What are two effective pricing tactics that can be used during a recession to hold or build market share?

• A)flexible pricing and price skimming
• B)price bundling and price lining
• C)unbundling and price shading
• D)value-based pricing and price bundling

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Definitions:

Closure

The act of bringing something to an end or conclusion.

Limit Time

refers to setting a fixed duration for a specific activity or process to be completed.

Intrapsychic Functioning

The internal mental processes and dynamics within an individual, including thoughts, emotions, and motivations.

Coping

The strategies or mechanisms individuals use to manage stress, challenges, or adversity, ranging from problem-solving to seeking social support.