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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
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
Factors which do not influence price determination is ______.
The main aim of penetrating pricing is to ______.
Give two conditions under which parity pricing is desirable.
"Competition based pricing is ideal for non-branded products." Comment.
Give one difference between skimming pricing and penetrating pricing.
What is skimming pricing?
What is penetrating pricing?
What pricing strategy will be used to launch shampoo?
What are various strategies used for pricing a product?
"Penetrating pricing leads to setting a high initial price". Comment
