Author Question: Which of the following is a collection of data (information) obtained from one or more sources and ... (Read 89 times)

KimWrice · **on:** Jun 29, 2018

Which of the following is a collection of data (information) obtained from one or more sources and organized for easy retrieval, tabulation, and analysis?
a. systems information c. research studies
b. database d. primary resources

Question 2

What is a skimming price strategy?

apple · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B
Definition of database

Answer to Question 2

In first-time pricing, one of the general alternatives involves skimming. The objective of skimming is to achieve the highest possible contribution in a short time period. For an exporter to use this approach, the product has to be unique, and some segments of the market must be willing to pay the high price. As more segments are targeted and more of the product is made available, the price is gradually lowered. The success of skimming depends on the ability and speed of competitive reaction.