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After a year of strong domestic sales, a service provider headquartered in Germany is ready to take its unique and innovative recycling and compost consulting
After a year of strong domestic sales, a service provider headquartered in Germany is ready to take its unique and innovative recycling and compost consulting services to neighbouring markets. Research has indicated that very little competition exists. Aware that its service will be easy to imitate, it wants to set a high price upon entering new markets in order to maximize returns before competition develops. What pricing strategy is being considered? |
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