Business
Business, 20.04.2020 23:05, zatolentino

As the product manager for Whirlpools line of washing machines you are in charge of pricing new products. Your product team has developed a revolutionary new washing machine that relies on radically new technology and requires very little water to get clothes clean. This technology will likely be difficult for your competition to copy. Should you adopt a skimming or a penetration pricing strategy? Justify your answer.

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