ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For price-based shopping goods,
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the product is the most important mix element
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consumers see important differences in product features
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customers expect to find price differences among brands
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all are correct
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Explanation:
Detailed explanation-1: -Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to. In pure price discrimination, the seller charges each customer the maximum price they will pay.
Detailed explanation-2: -Geographical pricing is a practice in which the same goods and services are priced differently based on the buyer’s geographic location.
There is 1 question to complete.