Saturn Car Company Started a Trend with Its Value Pricing

question 128

Essay

Saturn car company started a trend with its value pricing strategy of giving customers one price and one price only.The Saturn Web site gave detailed price information without the need for or involvement of a salesperson.What pricing objective did Saturn use?

Understand the differences between qualitative forecasting methods like the Delphi method versus quantitative methods.

Gain knowledge on the use of regression in HR forecasting and the role of independent and dependent variables.

Differentiate between various types of labor markets and strategies to address labor shortages.

Recognize the importance of strategy in determining HR demand and how jobs fit within an organizational context.

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Definitions:

Nation Bank

Likely a typographical error, but if referring to "National Bank," then it's a commercial bank chartered by the federal government in the United States.

Good Faith Purchaser

A Good Faith Purchaser is someone who buys property without knowledge of any prior claims, disputes, or flaws related to the property, thereby obtaining legal ownership.

Holder In Due Course

A legal term referring to a person who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.

Acceptor

The person (the drawee) who accepts a draft and who agrees to be primarily responsible for its payment.