A market penetration pricing strategy is suitable when
A. lower price encourages actual competition
B. the demand of the product is inelastic
C. the production and distribution costs fall with increasing production
D. a high price discourages competitors from entering the marketing
Answer: Option C
This Question Belongs to Management >> Marketing
The four unique elements to services include:
A. Independence, intangibility, inventory, and inception
B. Independence, increase, inventory, and intangibility
C. Intangibility, inconsistency, inseparability, and inventory
D. Intangibility, independence, inseparability, and inventory
A. Learning
B. Role selection
C. Perception
D. Motivation
While buying milk which kind of behavior is displayed by a person?
A. Extensive problem solving behavior
B. Routinized buying behavior
C. Variety seeking behavior
D. None of the above
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