Question: A common, me too pricing policy by which the small business owner establishes his / her prices by monitoring competitors' prices and then matching

A common, "me too" pricing policy by which the small business owner establishes his / her prices by monitoring competitors' prices and then matching them is called:
Follow-the-leader pricing
Below-market pricing
Price lining
Variable pricing
A common, " me too" pricing policy by which the

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!