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IKEA Takes a Polycentric Approach to Pricing: While It Is

question 99

True/False

IKEA takes a polycentric approach to pricing: While it is company policy to have the lowest price on comparable products in every market,managers in each country set their own prices.


Definitions:

Active Listening

The practice of fully concentrating on what is being said, understanding the message, responding appropriately, and remembering the conversation.

Mirroring

The act of imitating or replicating another person's behavior, gesture, or speech.

Feeding Back

Providing evaluative or corrective information about an action, event, or process to the original source.

Prepared and Receptive

The state of being ready and open to receive new information or experiences.

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