The Ability to Change Prices Very Quickly,often in Real Time

question 80

Multiple Choice

The ability to change prices very quickly,often in real time is known as ___________.

• A) dynamic pricing
• B) status quo pricing
• C) satisfactory pricing
• D) pricing based on perceived satisfaction

---

Definitions:

Minimizing Differentiation

The process of reducing or eliminating differences or variations, often aimed at promoting uniformity or integration.

Delegating Tasks

The process of assigning responsibility and authority to subordinates or team members to complete specific tasks or projects.

Stress Management Program

A structured approach designed to help individuals cope with and reduce their levels of stress effectively.

Mediation

A process where a neutral third party assists two or more parties in reaching a settlement or agreement.