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प्रश्न
The pricing strategy involves charging according to what competitors are charging ______.
विकल्प
Going rate pricing
Cost plus pricing
Penetrating pricing
Skimming pricing
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उत्तर
The pricing strategy involves charging according to what competitors are charging going rate pricing.
Explanation:
Going rate pricing, also known as competitive pricing, involves setting the price of a product based on the prices charged by competitors. This strategy ensures that a company’s prices align with the market and helps maintain competitiveness. It is commonly used in industries where products are similar and price competition is intense.
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संबंधित प्रश्न
State any two advantages of cost-plus pricing strategy.
______ price refers to the high initial price charged when a new product is introduced in the market.
______ is the most common method used for pricing.
The main aim of penetrating pricing is to ______.
Which pricing strategy will be used to launch a high end auto motors?
Skimming pricing policy is ideal for introducing a product in the FMCG sector. Justify for or against.
“In a competitive market, parity pricing is the appropriate strategy.” Justify either for or against.
What is Cost plus pricing policy?
What are the conditions under which parity pricing is desirable?
"Penetrating pricing leads to setting a high initial price". Comment
