Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 1. describe the three types of pricing strategies

1. Describe the three types of pricing strategies (premium, penetration, meeting the competition) 2. what is meant by...

60.1K

Verified Solution

Question

Accounting

1.Describe the three types of pricing strategies (premium,penetration, meeting the competition)

2. what is meant by the concept of outsourcing tasks?

Answer & Explanation Solved by verified expert
3.8 Ratings (372 Votes)
1 The three types of strategies are explained as follows PREMIUM PRICE STRATEGY In premium price strategy the company sets the price of a new product high in order to show the good quality and creates a perception in the mind of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Advance Math
1.2K views

Another model for a growth function for a limited population is given by the Gompertz function,...

Mechanical Engineering
1.2K views

A pure aluminum bar has a diameter of 15 cm and a length of 1.25 m....

Mechanical Engineering
1.2K views

A 2in dia bolt is clamping sheets of the metal which are 8mm thick.the total length...

Calculus
1.2K views

Find a complex vector d so that if F fo f1 2 3 f2 F...

Accounting
1.2K views

Sales Budget ...

Accounting
1.2K views

GF500 Financial Institutions and Markets Accounting Capital Investments 2 An asset initially costs $100,000. It...

Accounting
1.2K views

Antonios Car Services provides maintenance services for motorized vehicles. In March 2024, Rick placed an...

Accounting
1.2K views

Operating Leverage: John Diaz is the president of Pacific Refrigeration. The company has 2,000 employees...

Accounting
1.2K views

Addison Company manufactures two products, Regular and Supreme. Addison's overhead costs consist of machining, $2,500,000;...

Accounting
1.2K views

Sunn Company manufactures a single product that sells for $160 per unit and whose variable...

Accounting
1.2K views

The Elberta Fruit Farm of Ontario has always hired transient workers to pick its annual...

Accounting
1.2K views

Camden Biotechnology began operations in September 2024. The following selected transactions relate to liabilities of...