Welcome to the 1520 Perfect Dictionary
Click on any title to read the full article
| Predatory pricing | |
|---|---|
| PREDATORY PRICING Definitions: i. (business) The fact of a business company selling its goods at such a low price that other companies can no longer compete and have to stop selling similar goods. ii. (business) If a company practises predatory pricing, it charges a much lower price for its products or services than its competitors in order to force them out of the market. ______________________________________________________________________ * All six elements would be in. 1. Purposeful and considered a necessity by a 'predator'. 2. Predator's costs in terms of labour, overheads, etc. would have been considerably lower than that of the competitors. 3. Stock of goods or availability of services will be inexhaustible. 4. There will be an ability and readiness to have prices go further lower, if the competitors try to keep pace. (Connect to #5.) 5. Company forcing others out of the market will not close shop after running others out of business. That is, the financial 'loss' that will be suffered, as a result of consistently sustained low prices, will be recouped, and therefore, not cripple trading/business. 6. There would be no deal or agreement breached in the course of marketing-strategy activity. That is, no price-fixing or price control would be expected to be in place while 'war' is on. ____________________________________ See perfect COMPETITIVENESS (2). See perfect QUID PRO QUO. ______ See perfect RESTRICTIVE PRACTICE. ______ See perfect PRICE WAR. See perfect PRICING. | |
1520 Products |
||
|---|---|---|
1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
||
 1520 Sex Game |
 1520 Puzzles |
 1520 Marriage Game |