If a Company Has as Its Objective to Stimulate Market

question 26

Multiple Choice

If a company has as its objective to stimulate market growth and capture market share by deliberately offering products at low prices, it will most likely use a pricing strategy called:

• A) penetration pricing.
• B) escalator pricing.
• C) prestige pricing.
• D) skimming pricing.
• E) oligopolistic pricing.

---

Definitions:

Outputs

The results produced by a computer or controller, typically after processing input data, which are then transmitted to other devices or users.

Sequencer

A mechanical, electric, or electronic device that can be programmed so that a predetermined set of events occurs repeatedly.

Sequencer Instructions

In PLC programming, a set of instructions designed to execute a series of operations or events in a specific order.

Last Sequence Step

The final action or command in a series of operations or instructions in a sequential process.