Used Too Frequently,promotional Pricing Can Have the Negative Effect of Decreasing

question 118

True/False

Used too frequently,promotional pricing can have the negative effect of decreasing the brand's value in the eyes of customers.

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Definitions:

Operations Managers

Professionals responsible for overseeing, designing, and controlling the process of production and redesigning business operations in the production of goods or services.

Higher Margins

Refers to increased profitability, achieved by either raising selling prices or reducing production costs, resulting in a larger difference between sales revenue and the cost of goods sold.

Finance Managers

Professionals responsible for managing the financial health of an organization, including planning, organizing, controlling, and monitoring financial resources.

Analog to Digital

describes the process of converting information from a physical format into a digital one, enabling easier manipulation, storage, and transfer.