Shoe Trends, a company that manufactures formal shoes for men and women, offers to give its customers $10 for an old pair of shoes when they buy a new pair. In essence, they're reducing the price of the new shoes by $10

What is this type of price adjustment called?
A) functional discount
B) captive product pricing
C) seasonal discount
D) trade-in allowance
E) by-product pricing


D

Business

You might also like to view...

The systems steering committee is responsible for all of the following except

a. assigning priorities b. determining whether and when to terminate systems projects c. analyzing the technical feasibility of the project d. budgeting funds for systems development

Business

Maintenance projects are used in quantity control processes

Indicate whether the statement is true or false.

Business

Lu has just been called to the bar of British Columbia. She wishes to establish her own legal practice but is concerned about the possibility that she will have to pay a lot of money as compensation to clients if her negligence causes them loss

Which of the following types of insurance should Lu be advised to obtain? A) Errors and Omissions Insurance B) Fidelity insurance C) Product Liability Insurance D) None of the above E) All of the above

Business

The major policy through which a company can reflect its stance on diversity is its mission statement.

Answer the following statement true (T) or false (F)

Business