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प्रश्न
The pricing strategy involves charging according to what competitors are charging ______.
पर्याय
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
Explain the below mentioned pricing strategy:
Penetrating pricing strategy
Under this Pricing Strategy, a business firm adjusts its own price policy in accordance with general pricing structure in the industry.
The main aim of penetrating pricing is to ______.
______ determines the sales volume and the profit margins.
Parity pricing is not relevant under the present marketing conditions. Justify either for or against by giving two reasons.
What is parity pricing?
What is skimming pricing?
What is penetrating pricing?
What are the conditions under which parity pricing is desirable?
What pricing strategy will be used to launch shampoo?
