Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

the use of price as a competitive weapon to drive weaker competitors out of a national market is known as

Sagot :

The use of price as a competitive weapon to drive weaker competitors out of a national market is known as Multipoint pricing.

What is Multiple pricing strategy?

When numerous units of the same thing are sold, multiple pricing is a technique for determining the item price for each ensuing unit. In actuality, the item price is decided upon item-by-item.

When two or more businesses compete in two or more national markets, multipoint pricing arises, and the pricing strategy used by one competitor may have an effect on the price strategy used by the competitor in a different national market. A competitor company that competes in another national market may respond competitively to multipoint pricing, particularly if it is aggressive in a national market.

To know more about Multipoint pricing, click here- brainly.com/question/22420163

#SPJ4