Answer two of the three discussion questions, listed below.
1. Identify an example of each of the following: odd-even pricing, prestige pricing, price bundling, and captive pricing.
2. Which pricing strategies have you noticed when you shop?
3. What new products have you purchased in the last two years that were priced using either a penetration or a skimming approach?
Pick a failed business (some are noted in the following article), and write a description of the person who started the business and what happened to it. You will need to do some research to find sufficient information about the failed business.
Do your own research or have a look at the following article with examples of failed businesses. Failed Businesses (Links to an external site.)
This initial post should include at least 250 words a