Which of the Following Pricing Strategies Does Not Usually Enhance

question 13

Multiple Choice

Which of the following pricing strategies does not usually enhance the profits of firms with market power?

• A)Price matching.
• B)Cross-subsidies.
• C)Two-part pricing.
• D)Marginal cost pricing.

---

Definitions:

Customer Service Strategy

A comprehensive plan that outlines how a company will interact with its customers to enhance satisfaction and retain loyalty.

Responsiveness

A metric that measures the firm’s ability and willingness to provide fast service, answer customer inquiries, and resolve problems.

Empowerment

Giving employees permission to make decisions and take action on their own to help customers.

Predictive Modeling

The process of using data mining and probability to forecast outcomes. Each model is made up of a number of predictors, which are variables that are likely to influence future results.