Question

When electronic markets permit prices to change faster even daily as a function of demand and supply then this practice is called :
(A) Competitive Pricing
(B) E - Marketing Pricing
(C) Yield Management Pricing
(D) None of the above
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Answer 1

C

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Answer 2

Yield Management Pricing. Option (C) is correct.

Explanation:

• Recent days the electronic market is incresing day by day.
• Electronic market is the competitive market also.
• The competition of the producer are incresing in electronic field
• Peoples are adopt to change the new technology.
• So, they are likely to use new model electronic product compare to older models.
• The demand was increasing day by day, so, the supply was also increasing.
• The fixing of the product was much important.
• So, pricing of the electronic product gives the satisfaction to both producer and consumer.
• So, electronic markets yield management pricing was followed.

To Learn More...

1.How electronic market is different from traditional market?

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