Some Developers of Apps for the Apple IPhone Price Their

question 309

Multiple Choice

Some developers of apps for the Apple iPhone price their apps low at launch to encourage sales and get attention so they can move into the prestigious "Top 25" list.Then,they frequently raise prices to get a higher profit margin on later sales.The initial low price is a(n)

• A)noncumulative quantity discount.
• B)temporary sale.
• C)introductory price deal.
• D)skimming price.
• E)cumulative quantity discount.

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Definitions:

Not-Invented-Here Problem

The tendency of organizations or teams to avoid using or buying products, research, or knowledge from outside sources because they were not created internally.

Hoarding Of Expertise

The practice of keeping knowledge, skills, or information confined to an individual or a limited group, preventing wider dissemination and use.

Knowledge Transfer

The process through which skills, knowledge, technologies, or methods are passed from one individual or organization to another.

Needle-In-A-Haystack Problem

A metaphorical expression referring to the difficulty of finding a specific item or solution in a vast space or among many possibilities.