The Manager at Target Puts a Sign Up Next to a Samsung

question 56

Multiple Choice

The manager at Target puts a sign up next to a Samsung audio system that reads, "Only $299.99! $60 less than at Best Buy." This is an example of what type of pricing strategy?

• A) Random discounting
• B) Periodic discounting
• C) Comparison discounting
• D) Penetration pricing
• E) Everyday low prices

Grasp basic principles of inflation and its effects on financial planning and the economy.

Learn the significance of consumer spending and its effects on the economy.

Understand the concepts of risk, including liquidity, inflation, and interest rate risks, in financial planning.

Recognize the importance of time value of money in financial planning.