Match Each Item with the Correct Statement Below

question 63

Multiple Choice

Match each item with the correct statement below.
-The price reduction granted on a one-time-only basis is called a(n) _____.

• A)competitive bidding
• B)penetration pricing strategy
• C)list price
• D)trade discount
• E)price flexibility
• F)promotional pricing
• G)loss leader
• H)cannibalization
• I)bundle pricing
• J)odd pricing
• K)transfer price
• L)profit center
• M)skimming pricing strategy
• N)competitive pricing strategy
• O)pricing policy
• P)market price
• Q)noncumulative quantity discount
• R)step out
• S)bot
• T)cash discount

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Definitions:

Subordinate

An individual who is under the authority or control of another within an organizational hierarchy.

Lying

The act of communicating false information with the intention of deceiving.

Ethical Behavior

Acting in ways consistent with what society and individuals typically think are good values, involving fairness, integrity, and respect for others.

Workplace

A location where people are employed and where work activities take place; can be physical or virtual.