How are retailers affected by scanning errors? What are the measures taken to minimize these errors?
What will be an ideal response?
In general, retailers lose money from scanning errors because the scanned price is below the posted price. However, consumer groups and state's attorney generals' offices do find and pursue price discrepancies in retailers' favor. Periodic price audits are an essential component of good pricing practices. Price audits of a random sample of items should be done periodically to identify the extent and cause of scanning errors and develop procedures to minimize errors.
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In consumer product companies such as P&G or Nike, the sales force works directly with customers
Indicate whether the statement is true or false
Why is demand in the business market mostly inelastic?
What will be an ideal response?
Because Trey was a ____ employee, he was recently promoted
A) conscientious energetic B) conscientious energetic, C) conscientious, energetic, D) ?conscientious, energetic
In most organizations, the responsibility for managing a pay survey lies with
A. the facility or plant manager. B. top management. C. the compensation manager. D. outside consultants.