Question

to prevent people from pretending to qualify for the market segment with the lowest price, a company manager that engages in group pricing must ensure that: segmentation is based on a detailed set of qualifications. each consumer does not know the range of prices paid by other consumers. equivalent prices are paid by consumers in each segment. there is a simple way to verify the segment in which a consumer qualifies.

Answer 1

To prevent people from pretending to qualify for the market segment with the lowest price, a company manager must ensure segmentation is based on a detailed set of qualifications, each consumer does not know the range of prices paid by other consumers, equivalent prices are paid by consumers in each segment, and there is a simple way to verify the segment in which a consumer qualifies.

In order to prevent people from pretending to qualify for the market segment with the lowest price in group pricing, a company manager must ensure the following:

1. Segmentation is based on a detailed set of qualifications.
2. Each consumer does not know the range of prices paid by other consumers.
3. Equivalent prices are paid by consumers in each segment.
4. There is a simple way to verify the segment in which a consumer qualifies.