Walgreens Drugstores advertises that its Tylenol prices are "the lowest in town" in order to stimulate sales of other products along with Tylenol. This is an example of

A. price lining.
B. bait pricing.
C. leader pricing.
D. skimming.
E. value in use pricing.


Answer: C

Business

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If life-cycle costs exceed the target cost of a product, managers will strive to reduce

a. the cost of special orders. b. the level of activities that are non-value-added. c. product variety. d. period costs.

Business

Which layout describes a situation where you have to go to the customer to do the work?

a. product b. cellular c. process d. fixed-position

Business

Motivation theories that focus on how and why people decide to achieve their needs are known as __________.

a. Content theories of motivation b. Process theories of motivation c. Needs theory of motivation d. None of the above

Business

Explain how managers are efficient and effective.

What will be an ideal response?

Business