How do the practices of high-low pricing and everyday low pricing differ?
What will be an ideal response?
With high-low pricing, a retailer charges higher prices on an everyday basis but also has frequent sales and other price promotions; with everyday low pricing, a retailer for the most part avoids sales and instead delivers constant, everyday low prices.
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Newspaper advertisers can sometimes receive ________, a discount applied retroactively as the volume of advertising increases through the year.
A. space discounts B. acquisition fees C. ad overruns D. earned rates E. short rates
Supermarkets collect information about individual customers through their use of loyalty cards, and then analyze the data to look for patterns in purchases. This is an example of
A. data analysis. B. data recovery. C. data entry. D. data modeling. E. data mining.
Which of the following statements could most likely create an express warranty?
A) "This is the best car available in town." B) "This motorcycle will double in value in the next ten years." C) "These tires have 10,000 miles on them." D) "This antique is quite a bargain."
One may have rights and obligations imposed by law even when no real contract exists
Indicate whether the statement is true or false