Question
Which pricing strategy involves setting a high initial
price to target price-insensitive segments and maximize revenue?Solution
Explanation: Market skimming involves setting a high initial price to target consumers who are less price-sensitive, allowing the company to maximize revenue.
Which of the following does not falls in the category of revenue expenditure?
The Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in ___________.
When the Reserve Bank of India announces an increase of the Cash Reserve Rate, what does it mean?
The term “Money Supply” relates to:
Consider the following statements with reference to the PM-SVANidhi -
I.The scheme was announced as a part of the Economic Stimulus-II under the ...
Which of the following statements best describes/ describe the term ‘Core Banking Solutions’?
1. It is a networking of a bank’s branches ...
Consider the following statements about the Bureau of Pharma PSUs of India (BPPI):
1. It is the implementing agency of Pradhan Mantri Bhartiya Ja...
The Foreign exchange reserve consists of
Consider the following statements.
Assertion (A): Real GDP provides a better picture of the economy than nominal GDP.
Reason (R): Real G...
What is the primary objective of the Open Network for Digital Commerce (ONDC)?
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