Which of the Following Is NOT an Effective Pricing Strategy

question 57

Multiple Choice

Which of the following is NOT an effective pricing strategy to use when customers define value as "low price"?

• A) Odd pricing
• B) Synchro-pricing
• C) Value pricing
• D) Penetration pricing
• E) Discounting

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Definitions:

Chain Of Command

The formal line of authority within an organization, defining who reports to whom, from the highest levels of leadership down to frontline employees.

Small Businesses

Enterprises or firms with limited revenue, employees, or resources, often characterized by independent ownership and operation.

Microbusinesses

Very small enterprises typically characterized by having fewer than 10 employees and operating with minimal capital investment.

Staffing

The process of hiring, positioning, and overseeing employees in an organization.