Marketing And The Competitive Environment-Price Flashcards

0
Q

Pricing tactics

A
  • loss leaders

- psychological pricing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
1
Q

Pricing strategies

A
  • penetration pricing
  • price skimming
  • price leaders
  • cost-plus pricing
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Determinants of price elasticity of demand

A
  • degree of need

- percentage of income spent on good

How well did you know this?
1
Not at all
2
3
4
5
Perfectly