Give an example of a loss leader

What will be an ideal response?


Student answers will vary. A loss leader is a product that is priced below its costs. Stores use loss leaders to attract customers and motivate them to buy more expensive items as well.

Business

You might also like to view...

Which type of charitable nonprofit organizations is the least professionalized?

A. religious B. advocacy C. environmental D. arts and culture

Business

________ are the connectors between your messages and the internal emotions of the prospect

Fill in the blanks with correct word

Business

Jay's Lumber Supplies earns 2.5 percent on its investment in marketable securities. A draft disbursing system

has been proposed that will increase disbursement float by 4 days. Purchases next year are expected to total $18 million. Individual payments average $1,000. Use a 365-day year. a. If the draft system is adopted, what amount of funds can the firm expect to release during the year? b. If each issue draft costs the firm $0.30, should the draft system be adopted? c. Should the firm consider any other factors?

Business

The ___ __________ is responsible for maintaining order in the courtroom

Fill in the blank(s) with the appropriate word(s).

Business