Marco wants to buy a new car that is of good quality and available at an affordable price. After exploring the available options, Marco decides to purchase a car made by a popular car manufacturer, which has a high retail price but offers very low operating and maintenance costs. In this scenario, the pricing strategy employed by the car manufacturer is ________.
A. target ROI
B. value pricing
C. price skimming
D. competitor-based pricing
E. penetration pricing
Answer: B
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A "growing annuity" is a cash flow stream that grows at a constant rate for a specified number of periods.
Answer the following statement true (T) or false (F)
Which of the following is not a benefit of diversity in the workplace?
a. provides a more in-depth basis for problem-solving and decision-making b. provides a broader base of perspectives and experiences c. provides better communication between team members d. minimizes the risk of groupthink
You have decided to borrow stock from your broker, sell it in the market, and then (you hope) replace the borrowed shares when the price drops in the future. This is an example of
A) borrowed selling. B) selling short. C) reverse hedging. D) IOU trading. E) none of the above.
Which of the following is true?
A. An American call option on a stock should never be exercised early B. An American call option on a stock should never be exercised early when no dividends are expected C. There is always some chance that an American call option on a stock will be exercised early D. There is always some chance that an American call option on a stock will be exercised early when no dividends are expected