.............................true
Answer:
skimming pricing strategy
Explanation:
Skimming pricing strategy -
It is a the pricing strategy , where the company or any business keeps the price of any product high , and with time reduces the price of the product , is referred to as skimming pricing strategy .
In the initial stage as the product is launched in the market , the demand for the product is higher , and therefore , the company ask for higher price ,
But ,
As the time passes , the demand for the product reduces , and hence to maintain the profit margin , the company reduces the price of the product .
Hence , from the given information of the question ,
The correct answer is skimming pricing strategy .
Answer:
Option C
Explanation:
According to the case given in the question, the competitive force as seen from the Porter's Five Forces Industry Analysis Structure, is the Supplier's bargaining force.
This competitive force in the industry is the perfect representation of the haggling intensity of purchasers and alludes to the weight providers can put on organizations by raising their costs, bringing down their quality, or lessening the accessibility of their items.
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