Question: please select the right answer Question 7 2 pts After years of research and development and a great deal of investment, Pharmaskinicals has created a

please select the right answer  please select the right answer Question 7 2 pts After years
of research and development and a great deal of investment, Pharmaskinicals has
created a new treatment for wrinkles that will revolutionize the skin care
industry, for which they will have a patent that lasts for 5
years. Which pricing strategy are they most likely to use? discount pricing

Question 7 2 pts After years of research and development and a great deal of investment, Pharmaskinicals has created a new treatment for wrinkles that will revolutionize the skin care industry, for which they will have a patent that lasts for 5 years. Which pricing strategy are they most likely to use? discount pricing market penetration new product development market skimming Next Question 8 2 pts Companies are likely to gain ___ through speedy, convenient, or careful delivery of products. services differentiation channel differentiation price differentiation people differentiation product differentiation 7 Question 9 2 pts Pediacertain Pet Supplies, a pet-food company, divides the pet market according to the pet owners' gender, occupation, income, and family life cycle. In this case, which of the following variables has the company used for market segmentation? demographic O geographic occasion Answer: D psychographic benefit Next Question 10 2 pts Rad, a manufacturer of luxury watches, charges a higher price for its products than its competitors. Despite the high prices, the brand is popular among customers for its quality and service in comparison to cheaper alternatives available in the market. In this case, Rad offers aln) value proposition O more for more more-for-less more for the same same for less all or nothing Question 11 Market segments that can be effectively reached and served are said to be accessible O profitable actionable substantial measurable

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