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Management · Q578

Marketing

Graduate and Post Graduate · Management · question 578

Q578

Find the most appropriate sequence of life cycle of price for a product, from the initial stage to the mature stage.

A.
Target price ⟶ Penetration price ⟶ Value based price ⟶ Limit price ⟶ Niche price
Answer
B.
Penetration price ⟶ Limit price ⟶ Value based price ⟶ Target price ⟶ Niche price
C.
Penetration price ⟶ Target price ⟶ Limit price ⟶ Value based price ⟶ Niche price
D.
Penetration price ⟶ Niche price ⟶ Target price ⟶ Limit price ⟶ Value based price

Answer: Option A

Solution

Answer: Option A
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