Multiple Choice
Executives in Japan decided to price Lexus luxury cars in the United States at $55,000 while pricing them at $66,000 in their own country. This is an example of
A) secondary-market pricing.
B) price skimming.
C) bait pricing.
D) prestige pricing.
E) random discounting.
Correct Answer:
Verified
Correct Answer:
Verified
Q63: The importance of price depends on the
Q64: McDonald's restaurants have experienced declining sales recently
Q65: When Gabriella logs on to Dell's website,
Q66: Markup can be stated as a percentage
Q67: Which type of pricing objective can reduce
Q69: How might a marketer find information about
Q70: You are the head of pricing strategy
Q71: A marketer is usually in a better
Q72: Grocery stores that position their less expensive,
Q73: A Macy's manager designs the casual clothing