Question: Virtual Electronics utilizes a strategy to charge a very high introductory price for their automobile video theatre. After identifying that their rival firms did not
Virtual Electronics utilizes a strategy to charge a very high introductory price for their automobile video theatre. After identifying that their rival firms did not carry this new product, they chose this strategy to achieve maximum profits. Virtual Electronics has chosen a strategy.
Question options:
highlow pricing
penetration
skimming
bundling
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