Question: Time left 1 : 0 A penetration strategy tends to be effective in a price - sensitive market. What is one of the purposes of
Time left :
A penetration strategy tends to be effective in a pricesensitive market. What is one of the purposes of penetration pricing?
Select one:
a to develop exclusive distribution
b to discourage competitors from entering the market
c to produce a large margin of profit per unit
d to recoup product development costs quickly
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
