CIMA Exam CIMAPRO19-P02-1 Topic 8 Question 100 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam

Question #: 100
Topic #: 8

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:

AMarket skimming

BPenetration pricing

CPremium pricing

DLoss leader pricing

Show Suggested Answer

Suggested Answer: C, D

by Lorenza at Sep 16, 2024, 06:22 AM

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Dick

8 days ago

Loss leader pricing? Really? This is clearly not a loss leader situation. Come on, people, pay attention to the details!

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My

12 days ago

I agree with Corinne, penetration pricing makes more sense in this scenario.

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Jesusita

12 days ago

Hmm, I was torn between market skimming and premium pricing, but the 'gradually reduced' part gives it away. Gotta go with A on this one.

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Corinne

13 days ago

I disagree, I believe the correct answer is B) Penetration pricing.

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Catarina

16 days ago

This one's a no-brainer! The pricing strategy described is definitely market skimming. High price to target early adopters, then gradually lower it - classic!

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Rasheeda

18 days ago

I think the answer is A) Market skimming.

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