Business Finance
Answer the following questions, does not need to be long

Question Description

Under what circumstances do you think price penetration is a better pricing policy than pricing skimming when entering a new product into a market. Give an example of firm that used this approach when entering a consumer market as an imitator or 'me too" product.

Final Answer

Hey there. Please find attached the complete work.

Outline
Under what circumstances do you think price penetration is a better pricing policy than
pricing skimming when entering a new product into a market?
➢ Penetration pricing stops business rivals from cutting into the market at reduced price
points.
➢ Penetration pricing is considered as an advantage because corporations use it together with
other endeavors to reduce costs on supplies and products
➢ Businesses that lack the capability of attaining a low-cost structure might have a difficult
time generating profit at bottom rock costs with penetration pricing.
➢ Penetration pricing does not permit companies to take advantage of enthusiastic
marketplaces of clients with money as well as the willingness t...

DrWiseman (1342)
Boston College

Anonymous
Solid work, thanks.

Anonymous
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Goes above and beyond expectations !

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