Legal constraints and ethical considerations should be considered when developing a company's pricing policy
Indicate whether the statement is true or false
T
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Imagine that you are a furniture salesperson. Describe a mattress to a prospect using an analogy.
What will be an ideal response?
Which of the following actions is consistent with the use of level scheduling?
A) use inventory to meet demand requirements B) use overtime to meet higher-than-average demand requirements C) vary production levels to meet demand requirements D) vary work force to meet demand requirements E) none of the above
The greater the total expenditure, the less price sensitive customers are.
Answer the following statement true (T) or false (F)
Counteradvertising occurs when a salesperson lures a consumer into a store by advertising a low-priced item in order to switch the consumer to a more expensive item
a. True b. False Indicate whether the statement is true or false