An Instant Noodles Brand,upon the Release of Its Product,attracted Customers

question 128

Multiple Choice

An instant noodles brand,upon the release of its product,attracted customers by offering a 50 percent discount on the purchase of two family packs.Once the brand had gained attention,this discount was removed and the product was priced similar to the competing brands in the market.This pricing strategy is an example of

• A)introductory price dealing.
• B)F)O.B.pricing.
• C)a skimming price policy.
• D)a penetration pricing policy.
• E)negotiable price dealing.

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Definitions:

Proposal Specifics

Refers to the detailed information or conditions outlined in a proposal that addresses the specifics of a project, service, or agreement.

Imagery

The use of vivid or figurative language to represent objects, actions, or ideas.

Grandmother

A Grandmother is a woman who is the mother of one's parent, often playing a significant role in family structure and traditions.

Parable

A brief story used to illustrate a point.