“fixing very low price to stimulate the growth of the market”. Give the name of pricing strategy.

Related MCQs

• When a product has long life cycle , it has mass market, entry of rivals in to market is easy and demand is elastic. Which pricing policy can be adopted?
• Charging very low price at the introductory stage of a new product and raising prices gradually.
• Which one is the Pricing strategy of a new product?
• Which among is a suitable pricing strategy of Charging different prices to different customer groups?
• Which pricing strategy is used by Bata Shoe Company?
• All companies charge the same price and smaller players follow the price set by the market players. Which is this method?
• what method of pricing is popular in construction activities , where the contract is awarded who quoted the highest price?
• Which type of market have the features of homogeneity, uniform selling price , free entry and exit of firms etc ?
• What is Mark- up pricing?
• What is Odd pricing?