Multiple Choice
During difficult economic times,companies are often tempted to cut prices.However,any decision to cut prices should raise a number of important questions.Which of the following is NOT a question that would normally be considered when confronted with a decision to lower prices?
A) Will deep discounts tarnish the brand?
B) How will prices be raised when the economy improves?
C) How will the company deal with narrower margins?
D) How much promotional support is required to communicate lower prices?
E) How will the competitors react?
Correct Answer:

Verified
Correct Answer:
Verified
Q1: If demand changes greatly with a small
Q43: All of the following are examples of
Q45: What type of pricing is being used
Q46: Pricing a product mix is often difficult
Q49: Price escalation in international markets is most
Q50: Market-_ pricing involves setting a low price
Q51: A company sets not a single price,but
Q52: Discuss pricing strategies and tactics used in
Q100: Consumer perceptions of the product's value set
Q106: In industrial markets,salespeople outrank top management in