99-Center Inc. is a retail store where all its merchandise ispriced at 99 cents. This retailer uses a _____
a. single-price tactic
b. flexible pricing tactic
c. price lining tactic
d. price bundlingtactic
ANSWER: a
The retailer uses a single-price tactic. A merchant using this tactic offers goods and services at the same price or at two or three prices.
You might also like to view...
Brand-loyal consumers purchase only one particular brand and do not respond to consumer promotions unless it is for their particular brand
Indicate whether the statement is true or false
Snappy Cameras is launching a new advertising campaign to demonstrate the high quality of its digital cameras. Which media option would give the audience the most control over exposure to the ads and interactive capabilities?
A) the Internet B) newspaper C) TV D) radio E) billboard
For one product that a firm produces, the manufacturing cycle efficiency is 20 percent. If the total production time is 12 hours, what is the total manufacturing time
a. 60.0 hours b. 15.0 hours c. 2.4 hours d. 12.0 hours
Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by $10,000 and accounts payable increased by $15,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be:
A. $100,000 B. $140,000 C. $90,000 D. $125,000