Marketing Two or More Products in a Single Package for a Special

question 87

Multiple Choice

Marketing two or more products in a single package for a special price is called _____________.

• A) price bundling
• B) bait pricing
• C) odd-even pricing
• D) loss-leader pricing

Describe the umbrella term of Human Resources Management and its encompassing elements.

Analyze the effectiveness of strategic focuses, such as quality online customer service, in gaining a competitive edge.

Understand strategy types used by organizations in compensation and growth contexts.

Appreciate the importance of strategic HR planning in achieving organizational goals and competitive advantage.

---

Definitions:

Agricultural Revolution

denotes a period of significant agricultural development and innovation, leading to increased productivity and societal transformation.

Industrial Revolution

A period of significant industrial growth and technological innovation, beginning in the late 18th century, that transformed primarily agrarian societies into industrial ones.

Postindustrial Revolution

The postindustrial revolution describes the shift from manufacturing-based economies to ones primarily focused on services, information, and technology, signaling changes in workforce demands and economic structures.

Social Barriers

Obstacles that exist within societies which prevent individuals or groups from achieving equal status or access to resources and opportunities.