Which of the following statements about a free pricing strategy is not true?Group of answer choicesFree products and services can knock out potential and actual competitorsIt is difficult to convert free customers into paying customersThe free pricing strategy was born in the early days of the Web.Free products and services can help build market awareness

Which of the following is true of the cost leadership strategy?Group of answer choicesIt requires a company to be good at curtailing costsIt requires small businesses to position themselves only in high-cost areas.It requires a company to be the highest cost producer in its competitive environment.It recommends pricing products high if price is a major driver of customer value

Which of the following involves a company giving away a certain level of product or service without charge, but then charging a fee for premium levels of the product or service?Group of answer choicespremium strategyadvertising revenue modelsubscription revenue modelfreemium strategy

Which of the following statements is false?Group of answer choicesPromotions and price discounts are favourable for products with high forward buying.Promotion should carry out during peak periods to clear stocks with low inventory holding cost.Firms can offer promotion on high-end products to attract buyers of low-end products.The sales and operations planning should be responsive to changing market conditions.

hich of the following statements concerned with pricing is not true? A. Where an entity is selling a unique product, it will set the price at the maximum amount bearable by the market. B. Some entities may use an average cost that includes both fixed and variable costs for cost-based pricing. C. Cost-based prices are difficult to calculate. D. Market-based pricing is based on competition in the market place.

Which of the following are pricing strategies? Question 41Answera.