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    A multiple choice quiz about pricing strategies is summarized as follows: 1. The quiz questions cover topics like skimming pricing, examples of early adopter companies using skimming, ways to deal with price escalation, forms of government price control, definitions of countertrade and grey markets, antidumping regulations, and the number of forms of countertrade. 2. Skimming pricing involves setting a high initial price for a new product to maximize early revenues from early adopting customers. Examples include companies like Apple targeting tech enthusiasts. 3. Approaches to deal with price increases include finding ways to lower export costs or positioning the product differently to justify price.

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    A multiple choice quiz about pricing strategies is summarized as follows: 1. The quiz questions cover topics like skimming pricing, examples of early adopter companies using skimming, ways to deal with price escalation, forms of government price control, definitions of countertrade and grey markets, antidumping regulations, and the number of forms of countertrade. 2. Skimming pricing involves setting a high initial price for a new product to maximize early revenues from early adopting customers. Examples include companies like Apple targeting tech enthusiasts. 3. Approaches to deal with price increases include finding ways to lower export costs or positioning the product differently to justify price.

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    6 views2 pages

    Question

    Uploaded by

    Ngoc Huỳnh Hy
    A multiple choice quiz about pricing strategies is summarized as follows: 1. The quiz questions cover topics like skimming pricing, examples of early adopter companies using skimming, ways to deal with price escalation, forms of government price control, definitions of countertrade and grey markets, antidumping regulations, and the number of forms of countertrade. 2. Skimming pricing involves setting a high initial price for a new product to maximize early revenues from early adopting customers. Examples include companies like Apple targeting tech enthusiasts. 3. Approaches to deal with price increases include finding ways to lower export costs or positioning the product differently to justify price.

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    of 2

    1. What is skimming pricing strategy?

    A. Setting a high price for a new product to skim maximum revenues


    B. Setting a low price for a new product to skim maximum revenues
    C. The product enters the market without considering the price
    D. A pricing tactic in which a dependent good is sold at a loss and a paired consumable
    good generates the profits
    2. What is an example of skimming pricing strategy?
    A. Samsung
    B. Apple
    C. Huawei
    D. Xiaomi
    3. Two main approaches to deal with price escalation?
    A. Find ways to cut the export price
    B. Position the product
    C. A & B
    D. No correct answer
    4. How many way to deal with the Government price control?
    A. 3
    B. 4
    C. 5
    D. 6
    5. What is countertrade?
    A. Buying goods from someone abroad who is not an official supplier and selling them at a
    price that is lower
    B. Multinational companies developing a global pricing strategy face the challenge of how
    to coordinate pricing across different countries
    C. Unconventional trade-financing transactions that involve some form of non-cash
    compensation
    D. A & B
    6. Grey market can be called:
    A. Grey export
    B. Outsourcing
    C. Dumping
    D. Parallel importing
    7. What is antidumping regulation?
    A. Trade policy tools used by governments to protect domestic industries from unfair
    competition
    B. Government policies to protect foreign firms
    C. Unconventional trade-financing transactions that involve some form of non-cash
    compensation
    D. Move away from low-value to high-value products via product differentiation
    8. How many forms of countertrade?
    A. 5
    B. 6
    C. 7
    D. 8

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