Multiple Choice
Scenario 21.1
Use the following to answer the questions.
Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores.The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores,and would be priced higher than other brands in the store,but a lower price line than the current Ray-Ban lines that are sold through more selective stores.In determining the price for this sunglass line,Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands.
-Refer to Scenario 21.1.If Ray-Ban selected the prices for its new sunglasses to be $60,$70,or $80,this would most likely be an example of using ____ pricing to enhance its distinctive positioning strategy.
A) product-line
B) odd-even
C) professional
D) promotional
E) penetration
Correct Answer:

Verified
Correct Answer:
Verified
Q12: Competition-based pricing is<br>A) used when costs and
Q38: The "White Sale" that many department stores
Q56: The manager at Target puts a sign
Q79: Under what conditions would a marketer most
Q81: If a product is priced based on
Q82: When a company that produces computer printers
Q132: Periodic discounting is often predictable so consumers
Q145: If Kroger Food Stores advertises 2-liter bottles
Q166: When establishing prices, a marketer's first step
Q178: All of the following are pricing strategies