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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
Which pricing strategy involves charging according to their competitors?
The strategy of introducing new product in existing market is classified as ______.
Markup pricing is also called as ______.
______ is the most common method used for pricing.
The main aim of penetrating pricing is to ______.
Give one difference between skimming pricing and penetrating pricing.
What is skimming pricing?
State two disadvantages of Cost plus pricing policy.
What is penetrating pricing?
What are the conditions under which parity pricing is desirable?
