Everyday low pricing of consumer convenience products
A. makes it easy to quickly compete on price-without changing basic strategy-when a competitor offers a particularly large discount for a short period of time.
B. has been used by many retailers even though no producers have adopted this approach.
C. confuses customers and increases selling costs.
D. relies on frequent discounts and allowances from the producer.
E. tends to reduce fluctuations in prices customers actually pay.
Answer: E
You might also like to view...
Discuss and give an example of one-to-one, one-to-many, and many-to-many record associations
If a company has very low operating leverage (i.e. a low proportion of fixed costs in the cost structure) and no changes are expected in operations
a. percentage change income statement percentages can serve as the basis for projecting operating expenses. b. using common-size income statement percentages will overstate future projected operating expenses. c. using common-size income statement percentages will understate future projected operating expenses. d. using common-size income statement percentages can serve as a reasonable basis for projecting future operating expenses.
A paraphrase rephrases someone else's words into your own words
a. true b. false
A fiscal year is an organization's operating year
Indicate whether the statement is true or false