Remote Company has developed a new universal remote that works with all cable, over the air and streaming channels. While the device is unique, it competitors will soon (6-12 months) be able to reverse engineer it and introduce their own version into the marketplace. Remote Company's best pricing strategy would be:

The correct answer is letter "B": Penetration pricing.

Explanation:

Penetration pricing launches new goods or services at an initially low price to keep buyers away from rivals. Penetration pricing allows a company to create barriers to market entry by removing them. The new company assumes that even when costs rise to normal levels, customers will continue to buy their goods.

the answer is risk management planning

engaging in financial planning?

just took my test