lyshuh8205 lyshuh8205

24-03-2020
Business

contestada

Gold Brands is the industry leader in golf equipment and not only has a degree of pricing power amongst its competition but also sets different prices in different markets based on demand conditions. Gold Brands is practicing ______

a. price discrimination.
b. price leadership.
c. premium pricing.
d. price skimming.
e. psychological pricing.

Respuesta :

osondumartins osondumartins

27-03-2020

Answer:

A. price discrimination.

Explanation: Price Discrimination is a term used by business Organisations to market their products and services,in this scenerio, the business Organisation charges a different price in different markets based on the prevailing market conditions affecting thearket for that particular product or service.

Most Business Organisations practice price discrimination in order to compete favourably within a market or in order to maximize profit making.

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