CIMA Advanced Management Accounting P2 Question # 52 Topic 6 Discussion

CIMA Advanced Management Accounting P2 Question # 52 Topic 6 Discussion

P2 Exam Topic 6 Question 52 Discussion:
Question #: 52
Topic #: 6

An organization is competing in the high technology market. It sets a high sales price for its products initially to target the early adopters, and then the price is gradually reduced.

This pricing strategy is known as:


A.

Market skimming


B.

Penetration pricing


C.

Premium pricing


D.

Loss leader pricing


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