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CIPS Exam A6 Topic 5 Question 58 Discussion

Actual exam question for CIPS's A6 exam
Question #: 58
Topic #: 5
[All A6 Questions]

Which of the following best describes the pricing policy known as 'skimming'?

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Suggested Answer: A

by Glendora at Aug 03, 2024, 09:44 PM

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Mireya
6 months ago
Haha, 'skimming' - sounds like someone's trying to make a quick buck off the top! But I guess option B is the way to go here.
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Caprice
5 months ago
Definitely, it's all about recovering costs quickly with a high price.
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Orville
5 months ago
Yeah, 'skimming' does sound a bit sneaky.
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Mollie
6 months ago
I think option B is the best choice.
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Lelia
6 months ago
I agree with Vernell, B is the correct answer because 'skimming' is about maximizing profits from early adopters.
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Renay
6 months ago
Skimming usually refers to a high price aimed at the early adopters, right? I'm going with option B as well, but I hope the question isn't as simple as it seems.
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Vivan
6 months ago
Hmm, I'm not so sure. Option B seems a bit too straightforward. I think there might be some hidden nuance here that the examiners are looking for.
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Tamekia
6 months ago
Maybe it's a temporary price reduction to increase sales in the short-term.
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Brinda
6 months ago
I'm not sure, but I think it might be about charging different prices to different customers.
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Danica
6 months ago
I see what you mean, but I think it's more about gaining market share with a low price.
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Rikki
6 months ago
I think 'skimming' is all about setting a high price at first.
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Vernell
6 months ago
But 'skimming' is about setting a high price for new products, not a low price.
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Zona
6 months ago
The pricing policy known as 'skimming' definitely sounds like option B to me. Charging a high price to quickly recover costs for a new and innovative product makes the most sense.
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Raina
6 months ago
I think option A could also be a possibility, as setting a low price to gain market share is a common strategy.
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Maia
6 months ago
I agree, option B does seem like the best fit for the pricing policy known as 'skimming'.
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Reiko
7 months ago
I disagree, I believe it's A.
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Vernell
7 months ago
I think the answer is B.
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