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Elan Coil [88]
3 years ago
5

A strategy where an organization sets a high initial price, often targeted at early adopters, is a ________.

Business
1 answer:
Crank3 years ago
8 0

Answer:

correct answer is skimming price strategy

Explanation:

solution

the correct answer is Price skimming price strategy because  

it is product pricing strategy in which company charge the initial price as highest and after then lower it over the time as that 1st customer demand will satisfy and competition entry in market but company lower the price value of the product to more attracting another customer with more price value as a sensitive segment of population  

so here correct option is skimming price strategy

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Explanation:

When adopting an expansionist strategy the company is trying to achieve a higher sales growth rate than before. Since it took several new big contracts it will probably have to hire several (or very many) new employees and they need to do it fast. Usually when this happens, the company will try to hire the best possible applicants from the fastest recruiting source.

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