The Basic Objective of a Penetration Pricing Policy Is To

question 33

Multiple Choice

The basic objective of a penetration pricing policy is to:

• A)recover start-up costs as quickly as possible.
• B)transform the small firm into a discount outlet.
• C)gain quick access into a market to realize high sales volume quickly.
• D)discourage competition and gradually become a high volume producer.

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Definitions:

Proximal Design

Design strategies that focus on near-term, achievable goals or outcomes in the development of educational programs or projects.

Declarative Knowledge

Involves understanding factual information, principles, and concepts that individuals can articulate and recall.

Training Effectiveness

The measure of how successfully a training program achieves its intended outcomes and objectives.

Mental Ability

The capacity to learn, reason, understand, and similar forms of mental activity; aptitude in grasping truths, relationships, facts, meanings, etc.