Factors that must be considered while designing pricing strategies are _____.

Price of competitors

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Strategies of competitors

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Marketing strategy

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All of above

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Solution

The correct option is C All of above
Factors that must be considered while designing pricing strategies are :-
Price of competitors.
Strategies of competitors.
Marketing strategy

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Similar questions

Q. Pricing strategy which considers setting price after designing marketing program is termed as _______.

Consider the following statements:

1. Sporadic dumping is selling of goods at a low price in the foreign market to get rid of the inventory stocks.

2. Predatory dumping is selling a product at a lower price in foreign markets due to differences in elasticity of demand at home and in the foreign market.

3. Persistent dumping is destroying of competitors even at a loss initially and then, after eliminating of competitors, selling product at a high price.

Which of the above statements are correct?

Q. Which of the following pricing strategies are used when adopting a penetration pricing strategy?

Zantar Ltd. made its annual plan for the following year on the assumption that the sales of Product A, will rise in the near future. However, that same year a major technological development occured in the production of Product A and new competitors entered the market using that technology. These two incidences led to entry of low-prices and good quality competitors of Product A into the market.

(i) Which function of management is considered above ? What characteristic of this function has Zantar Ltd considered while preparing the annual plan for Product A for the following year ?

(ii) Should Zantar Ltd. continue with the same plan ?

(iii) Which limitation of management function is reflected in the above mentioned case study ?

“In a hypothetical market of mobile phones, the brand AWAAZ was leading the market share. Its nearest competitor VAARTA suddenly changed its strategy by bringing in a new model of the mobile phone at a relatively lesser price. In response, AWAAZ too slashed its price.”

Based on the above information, identify the form of market represented and discuss any one feature of the market.

Discuss the primary reason for ‘indeterminateness of demand curve’ under the oligopoly form of market.

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Factors that must be considered while designing pricing strategies are _____.

The correct option is C All of aboveFactors that must be considered while designing pricing strategies are :-Price of competitors.Strategies of competitors.Marketing strategy

The correct option is C All of above
Factors that must be considered while designing pricing strategies are :-
Price of competitors.
Strategies of competitors.
Marketing strategy