When Gina's company printed the ad for their Perfume in the newspapers, the caption read, "WAS $100, NOW $75". What kind of a promotional pricing did her company use?
What will be an ideal response?
Gina's company used psychological discounting. This strategy sets an artificially high price and then offers the product at substantial savings.
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An effect in which a prior measurement affects the test unit's response to the independent variable is called ________
A) nonresponse bias B) interactive testing effect C) randomization error D) interviewer bias E) preliminary measurement effect
Answer the following statements true (T) or false (F)
1. The amount of control over the quality, value, risk, or efficiency of the experience that guests think they acquire by participating is more important than the actual degree of control in determining the value of guest participation. 2. Guest participation can help waits feel shorter. 3. A good service organization would never fire a guest. 4. Letting guests participate can build guest commitment and repeat business.
Because of the time value of money, the longer before an option expires, the less valuable the option will be, other things held constant.
Answer the following statement true (T) or false (F)
Which of the following statements is true about labels for nodes in AON network diagrams?
a. They identify the project’s activities. b. They identify the project’s manager. c. They identify the project’s timeline. d. They identify the project’s budget.