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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 what pricing strategy?
Frequency Bar Chart
A graphical representation using bars to show how often each different value in a set of data occurs.
Car Dealer
A business entity that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary.
Overall Service
A term referring to the totality of services provided by an organization, assessed based on quality, efficiency, and customer satisfaction.
Pie Chart
A pie chart segmented into slices to illustrate the percentages of a total.
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