The Hardware Retailer,Bunnings,is Positioned as a Low-Cost Retailer

question 140

Multiple Choice

The hardware retailer,Bunnings,is positioned as a low-cost retailer.It regularly advertises that it 'won't be beaten on price' and gives customers the undertaking that 'lf you happen to find a cheaper price on a stocked item we'll beat it by 10%'.This is an example of which type of pricing?

• A)penetration pricing
• B)predatory pricing
• C)signpost pricing
• D)loss leadering
• E)price matching guarantees

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Definitions:

Therapeutic Alliance

The collaborative and trusting relationship between a therapist and client, considered essential for effective therapy and positive therapeutic outcomes.

Mutual Understanding

A shared agreement or knowledge between two or more parties, often leading to better communication and cooperation.

Self-defeating

Behaviors or thought patterns that undermine one's own success or well-being.

Pessimistic Life Story

A narrative perspective that focuses on negative experiences and expectations, often anticipating the worst possible outcomes.