"Bait and switch" is
a. advertising a product for sale and then giving the customer a rain check.
b. placing the store brand and the national brand side-by-side in a store to confuse customers.
c. selling the store brand at a lower price than the national brand.
d. advertising certain goods and then pressuring the customer to buy different, more expensive goods.
d
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It is not possible for one company to influence the operating policies of another company unless it owns more than 50% interest in that company
a. True b. False Indicate whether the statement is true or false
An example of a cash inflow from investing activities is
a. interest received on loans. b. the purchase of plant and equipment. c. the sale of investments in equity securities. d. the issuance of stock.
A gun manufacturer in Helena, Montana agrees to sell guns and ammunition to the ATF in Washington, D.C. The terms of the contract specify that the goods are to be shipped "FOB, Chicago." When does the buyer acquire title and risk of loss?
a. When the goods reach Chicago. b. When the goods are delivered to the carrier in Montana. c. When the goods are tendered in Washington D.C. by the carrier. d. When the goods reach Washington D.C.
You are responsible for physical distribution of your company's service and should focus on:
A. ensuring the intangibility of the service so that physical distribution becomes a less important factor B. minimizing wait times, managing service capacity, and providing delivery through distribution channels C. making sure production and consumption are simultaneous D. setting quality standards, choosing faster transportation modes, and using safety stock E. customer-oriented order processing and inventory control