Which of the Following Is Defined as an Approach to Pricing

question 78

Multiple Choice

Which of the following is defined as an approach to pricing in which a seller charges a relatively high price on a new product initially in order to recover costs and make profits rapidly and then lowers the price at a later date to make sales to more price-sensitive buyers?

• A)Penetration pricing policy
• B)Sealed-bid pricing
• C)Rate-of-return pricing
• D)Skimming pricing policy

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Definitions:

Emotional Readiness

The state of being mentally and emotionally prepared to handle and respond to personal, social, or professional situations effectively.

Filtering

Filtering in communication refers to the process of selectively presenting information, often to manage or control perceptions.

Self-Efficacy

The confidence an individual has in his or her ability to deal with problems when they occur and to achieve goals.

Regulator Gesture

involves nonverbal cues used to control, coordinate, or maintain the flow of communication in interactions.