Which of the following is an example of a company using a price skimming strategy?

A. Market penetration

B. Market skimming

C. Competitive pricing

D. Cost-plus pricing

A. A declaration of the company's core purpose and focus

B. A financial forecast for the next fiscal year

C. A detailed plan for marketing activities

D. A list of products and services offered

A. Reducing product development time

B. Enhancing customer relationships

C. Increasing production efficiency

D. Lowering distribution costs

A. Directly sell products to customers

B. Create valuable and relevant content to attract and engage a target audience

C. Increase short-term sales through promotions

D. Develop new product lines

A. Introducing new products to existing markets

B. Entering new markets with existing products

C. Increasing market share for existing products in existing markets

D. Expanding into new geographic regions

A. Reduced distribution costs

B. Greater control over the marketing process

C. Increased market reach

D. Improved customer relationships

A. The target market is large and diverse

B. The target market is small and well-defined

C. The company has high production capacity

D. The company has low production costs