Which priding strategy provides vendors that sell a company's goods a discounted price? 0000 Penetration Competitive Value-based Distrubution

The correct answer is Penetration pricing strategy.<br /><br />Penetration pricing is a pricing strategy where a company sets a lower price for its product or service than its competitors to gain market share quickly. This strategy is often used by companies that are entering a new market or launching a new product. By offering a lower price, the company can attract customers away from competitors and establish a strong market presence. Once the company has gained a significant market share, it can then raise its prices to a more competitive level.