Multiple Choice
A common "me-too" pricing policy by which the small business owner establishes his/her prices by monitoring competitor's prices and then matching them is called:
A) follow-the-leader pricing.
B) below-market pricing.
C) price lining.
D) variable pricing.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q22: The final price set by the entrepreneur
Q23: Qualifying for merchant status is relatively easy
Q24: _ tells what portion of the total
Q25: Penetration refers to if a business introduces
Q26: When a small business owner doesn't want
Q28: As sales volume increases with the broad
Q29: The price floor of a product or
Q30: If a firm lacks a unique business
Q31: Probably the most important consideration a manufacturer
Q32: Businesses faced with rapidly rising raw materials