Pricing and Product Life Cycle: Explain the relationship between pricing and product life cycle. Analyze the advantages and disadvantages of both penetration pricing and price skimming pricing strategies for a new product launch.
Standard detail
4.2
Depth 1Parent ID: 62FB7BC132FB4B3E98CF3FF32F904D93Standard set: Marketing & Management II: Advanced Strategies (2022)
Original statement
Quick facts
- Statement code
- 4.2
- List ID
- 2
- Standard ID
- 2109C2B62AE14B50AA842F637875A905
- Subject
- CTE (2020-)
- Grades
- 11, 12
- Ancestor IDs
- 62FB7BC132FB4B3E98CF3FF32F904D93
- Source document
- Marketing & Management II: Advanced Strategies (2022)
- License
- CC BY 4.0 US