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This is a pricing strategy in which different prices are charged in different markets, reflecting differences in consumer purchase power, distribution costs, tax systems, or other market traits.Group of answer choicesDynamic incremental pricingAggressive export pricingPenetration pricingLocal pricing

Question

This is a pricing strategy in which different prices are charged in different markets, reflecting differences in consumer purchase power, distribution costs, tax systems, or other market traits.Group of answer choicesDynamic incremental pricingAggressive export pricingPenetration pricingLocal pricing

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Solution

The pricing strategy in which different prices are charged in different markets, reflecting differences in consumer purchase power, distribution costs, tax systems, or other market traits is known as Local pricing.

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