A ________ strategy works well when a company has a mature product,loyal customers,a reputation for quality,and few competitors.
A)penetration
B)skimming
C)discount
D)price lining

Question

Quizplus · Accepted Answer

A skimming strategy is effective for mature products with loyal customers and a reputation for quality, as it allows the company to maximize profits before competitors enter the market.

A ________ Strategy Works Well When a Company Has a Mature