Why was odd pricing used in the early twentieth century?

A. It was used to increase traffic flow into stores.
B. Odd pricing saved on distribution costs.
C. It reduced losses due to employee theft.
D. It offered a limited number of predetermined price points making pricing easier.
E. It eliminated confusion when a customer shopped in different locations.


Answer: C

Business

You might also like to view...

Purchasing equipment by issuing a six-month note should be shown on the statement of cash flows under theinvesting activities section

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is true for franchisors?

A) The franchisor has to pay the franchisee to be part of the franchise system. B) The franchisor licenses the trade mark from the franchisee. C) The franchisor must change its operations to suit those of the franchisee's. D) The franchisor collects royalty payments from the franchisee. E) The franchisor pays start-up costs for the franchisee.

Business

Explain the four major areas of human resource law and give an example of legislation pertaining to each.   

What will be an ideal response?

Business

Photos are expected for social media résumés and other online formats where you are not actively submitting a résumé to an employer

Indicate whether the statement is true or false.

Business