Asked by
Jasiel Hernandez
on Dec 15, 2024Verified
Predatory pricing is
A) most effective in the growth stage of the product life cycle.
B) a popular technique preferred by online businesses.
C) illegal but often difficult to prosecute.
D) most effective in business-to-business marketing.
E) one of the most widely used pricing practices for professional marketers.
Predatory Pricing
The practice of selling goods or services at a lower price than the cost to produce them to eliminate competition and establish market dominance.
Product Life Cycle
The stages a product goes through from development to withdrawal from the market, including introduction, growth, maturity, and decline.
Online Businesses
Companies that operate primarily on the internet, offering goods, services, or information to a global audience.
- Recognize and understand predatory pricing and its impact on competition.
Verified Answer
SS
Learning Objectives
- Recognize and understand predatory pricing and its impact on competition.