A company pursuing a market skimming pricing strategy is likely to:

A. Identify internal strengths and weaknesses

B. Analyze competitive forces within an industry

C. Develop strategies for market and product growth

D. Evaluate the financial health of a company

A. High market share and high market growth

B. Low market share and high market growth

C. High market share and low market growth

D. Low market share and low market growth

A. SWOT analysis

B. PEST analysis

C. BCG matrix

D. Porter's Five Forces

A. Few sellers with homogeneous products

B. Many sellers with differentiated products

C. One dominant seller

D. High barriers to entry

A. A minor skill that is easily replicated by competitors

B. A unique strength that gives a company a competitive advantage

C. A standard industry practice

D. A temporary market trend

A. Broad market appeal

B. High economies of scale

C. Strong customer loyalty within a niche market

D. Low marketing costs

A. It simplifies the decision-making process by categorizing products into four quadrants

B. It provides detailed financial metrics for each product

C. It focuses solely on market growth rate

D. It ignores the competitive landscape