Match Each Item with the Correct Statement Below

question 222

Multiple Choice

Match each item with the correct statement below.
-A product offered to consumers at less than cost to attract them to stores in the hope that they will buy other merchandise at regular prices 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:

Behavioural Personality Theories

Theories suggesting that personality is a result of interaction between the individual and the environment.

Self-efficacy

An individual’s belief in their own capability to execute behaviors necessary to produce specific performance attainments.

Academic Performance

The extent to which a student, teacher or institution has achieved their short or long-term educational goals.

Humanistic Personality Theories

Psychological theories that emphasize personal growth, self-awareness, and the inherent goodness of people, focusing on subjective experiences.