Which of the Following Actions Is Most Likely to Be

question 100

Multiple Choice

Which of the following actions is most likely to be taken by a company in order to implement the value pricing objective?

• A) Distributing free samples of the product to create awareness about the product among the consumers
• B) Convincing consumers that the quality of their lower-priced product is the same as that of a comparatively higher-priced product sold by a competitor
• C) Convincing consumers of the prestige associated with the product
• D) Distributing free gifts along with the product during its introductory stage

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Definitions:

Exculpatory Clause

A contract term designed to release one of the parties from liability for harm or wrongdoing, transferring the risk to another party.

Enforceable

A term describing a legal agreement or contract that is valid and can be upheld and compelled by law or court order.

Unconscionable

Related to actions or conditions that are shockingly unfair, immoral, or unjust, often to the extent that they are unenforceable in court.

Liability

Legal responsibility or obligation to another party, often involving compensation for harm or damages incurred.