The flexibility of the Internet allows companies to use ________.
A) captive pricing
B) segmented pricing
C) promotional pricing
D) dynamic pricing
E) geographical pricing

Question

Quizplus · Accepted Answer

The flexibility of the internet allows companies to use dynamic pricing, which is the practice of adjusting prices up or down in response to market demand. This type of pricing strategy is made possible by the ability to gather and analyze large amounts of data about consumer behavior online.

The Flexibility of the Internet Allows Companies to Use ________