Why is price lining a good practice for retailers?
What will be an ideal response?
Price lining is a way to maximize profits. Price lining uses a limited number of prices, or price points, that generally fall at the top of the range that different types of customers find acceptable. Ideally, companies would charge each customer a different price—the highest price she was willing to pay. Since this isn't possible, price lining is a more workable alternative.
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An excess benefit transaction occurs when ______.
A. a service contract exceeds financial limits B. an organization exceeds its fundraising goals C. an organization goes above and beyond to meet its mission D. employee compensation exceeds the value of services provided
Compared to face-to-face teams, virtual teams tend to:
a. have much higher productivity. b. have poorer social relations. c. be easily distracted from the task. d. have less equal participation in decision making.
The impact of extreme ratings in the performance appraisal process is more likely to occur with ranking appraisal techniques than with techniques that use a rating scale
Indicate whether the statement is true or false.
A level strategy matches demand during the planning horizon by varying either the workforce level or the output rate
Indicate whether the statement is true or false