A Manager at Kohl's Discovers That Macy's Has Reduced the Price

question 6

Multiple Choice

A manager at Kohl's discovers that Macy's has reduced the price of its children's Levi's from $31.99 to $24.99, according to an advertisement in the Sunday newspaper. She immediately phones her store and instructs the salesperson on duty to put a sign up next to their children's Levi's that reads, "SALE: $24.99." This is an example of:

• A) secondary-market pricing.
• B) bait-pricing.
• C) reference pricing.
• D) random discounting.
• E) comparison discounting.

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Definitions:

German Way

A term that may refer to the customs, practices, or philosophies characteristic of German culture or approach to life and work.

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The shared patterns of behaviors, interactions, beliefs, and norms among a group of people that are passed down from generation to generation.

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Moral Domains

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