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The same price will be charged no matter what pricing objective is used. A.True. B. False

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The same price will be charged no matter what pricing objective is used.
A.True.
B. False

✅ Answers (1)

0
Private answer
  • False
    Explanation:
    There are four types of pricing objectives; profit-oriented pricing, competitor-based pricing, market penetration and skimming. Profit-oriented objective sets prices with profit as the top priority. Competitor-based pricing is mainly to appeal to customers. Market penetration pricing is for getting a foothold in a competitive market and involves offering low prices. Skimming pricing uses an already built reputation to charge high prices.
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Answered on June 25, 2020 4:50 pm

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