Price insensitive-inelastic and forgoes volume for margin

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Reference no: EM132171959

1. Demand is created through meeting customer buying criteria, credit terms, awareness (promotion) and accessibility (distribution). According to the Thrift segment's customers, which of these products was the most competitive at the end of last year?

Beetle

Deft

Dart

Apple

2. What long term pricing objective involves targeting customers that are price insensitive/inelastic and forgoes volume for margin?

A. Penetration pricing

B. Product leader pricing

C. Product line pricing

D. Skimming pricing

E. Captive product pricing

3. All of the following tend to be true about mobile marketing, except:

A. mobile devices are most suitable for visually rich content like photos, maps, and games

B. a website designed for PC browsing is typically effective for a mobile format

C. the percentage of web browsing conducted on mobile devices is soaring, especially in Asia and Africa

D. mobile telephones often contain different types of information about consumers than do PCs

E. all of the above tend to be true about mobile marketing.

Reference no: EM132171959

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