Before It Closed Its Doors, Montgomery Ward Advertised a Pair

question 77

Multiple Choice

Before it closed its doors, Montgomery Ward advertised a pair of diamond earrings for $399 that it said had a regular price of $2,199. When the Better Business Bureau examined the incident, it found no evidence the retailer had ever actually offered a pair of earrings at afore said "regular price." Montgomery Ward was found guilty of

• A) price discrimination.
• B) price fixing.
• C) setting illegal price differentials.
• D) deceptive pricing.

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Definitions:

Natural Leaders

Individuals who naturally possess leadership qualities and abilities, often emerging as leaders without formal authority.

Self-Managed Groups

Teams that operate autonomously, organizing their own tasks and making decisions collectively without traditional management structures.

Leadership Functions

The roles and responsibilities leaders perform to guide, motivate, and manage teams or organizations.

Emotional Contagion

The phenomenon where emotions are transferred from one person to another, often unconsciously, through nonverbal cues or interactions.