Team 1
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Team 2
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Teams
Name
Score
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8
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×
banana
Go to last place!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 25 points!
Oops!
20
×
What pricing strategy involves setting prices lower than competitors to gain market share quickly, but temporarily?
Penetration Pricing
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Check
Okay!
Check
10
×
When a company sets its prices based on what its competitors are charging, what pricing strategy is it using?
Competitive Pricing
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Check
Okay!
Check
×
banana
Go to last place!
Oops!
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
baam
Lose 10 points!
Oops!
10
×
Which pricing strategy involves calculating the total cost of producing a product and adding a specific percentage as profit?
Cost-Plus Pricing
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Check
Okay!
Check
10
×
Which pricing strategy sets a high price for a new product to recover development costs, then lowers it over time?
Price Skimming
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Check
Okay!
Check
10
×
What is the pricing strategy where a company offers temporary discounts to increase short-term sales?
Promotional Pricing
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Okay!
Check
10
×
What is the name of the pricing strategy where a company enters a new market by setting a very low price to attract customers?
Penetration Pricing
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Check
Okay!
Check
×
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