Question

Goal-Tending, Inc. is a sporting goods store. Its regular prices are higher than those of discount stores, but it always has some goods on sale that are outstanding bargains. Goal-Tending usesa. prestige pricing
b. skimming pricing
c. high/low pricing
d. dual mode pricing.

Answer 1

Answer:

c. high/low pricing

Explanation:

The high/low pricing strategy consists in the initial selling of a good at a higher price, only to later lower the price of it, in case its inventory has not sold as quickly as desired.

The low price is then applied to the good through clearance sales, or deep discounts.

In this case, Goal-Tending is described as charging higher than average prices for most products, but it is also described as having some goods sold at deep discounts. These are the low priced products that are likely part of unsold inventories that need to be cleared out.