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Author Question: Companies thus use a skimming strategy price the product above that of competitors, when competition ... (Read 42 times)

WhattoUnderstand

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on: Jun 29, 2018
Companies thus use a skimming strategy price the product above that of competitors, when competition is minimal.
 
 Indicate whether the statement is true or false

Question 2

Ideas cannot be described as innovations.
 
 Indicate whether the statement is true or false


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scottmt

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Reply #1 on: Jun 29, 2018
Answer to Question 1

T
Companies thus use a skimming strategy price the product above that of competitors, when competition is minimal. In general, consumers responding to skimming strategies are more concerned with quality, uniqueness, and status, rather than price.

Answer to Question 2

False


WhattoUnderstand

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Reply 2 on: Jun 29, 2018
Wow, this really help

Jsherida

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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