Question: I need the answer as soon as possible This question is related to Introduction of marketing Q.No.3. i). Explain which strategy market skimming or market

I need the answer as soon as possible This

I need the answer as soon as possible

This question is related to Introduction of marketing

Q.No.3. i). Explain which strategy market skimming or market Penetration- these companies use in pricing their products: (a) Savor foods, (b) Orient (television and other home electronics). (c) Ethnics Clothing & fragrances) (d) Q-Mobile (mobile phone devices). Are these the right strategies for the companies? Tell why or why not? (Marks 4 ii). Explain if the demand for a product is highly elastic, the company can easily change its prices. True or False? Explain it with a good example? (Marks 4)

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