Starbucks offers a variety of types of coffee to its customers at various price points based on the quality of the coffee beans and where the coffee is grown. This is an example of: a. good/better/best strategy. b. observable buyer characteristics. c. pricing based on transaction characteristics. d. controlling the availability of prices

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Answer:

The correct answer is letter "C": pricing based on transaction characteristics.

Explanation:

Pricing based on transaction characteristics refers to setting the price of goods and services provided based on the different features of those products. That situation implies having products offered at a higher price than others because of the special characteristics of the ones that are more expensive.

In Starbucks' case, the place where the coffee beans are grown determine the quality of the beans. Thus, the more special the bean is, the more expensive the coffee served will be.

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