The Difference Between Tying and Bundling in Pricingstrategies Is That

question 96

Multiple Choice

The difference between tying and bundling in pricingstrategies is that:

• A)they both are strategies that firms use to maximize profit.
• B)tying does not require the purchase of both goods, but bundling does.
• C)tying involves the combination of goods that are complements, whereas bundling involves the combination of
• Substitutes.
• D)tying does not lead to as much profit as bundling does.

---

Definitions:

Personal Ethical Standards

Individual principles and values that govern behaviors and decisions, often reflecting concepts of right and wrong.

Business Ethics

The study and examination of moral and ethical principles in the business environment, focusing on the conduct of individuals and organizations.

Stakeholders

Individuals or groups with an interest in the success and operations of a business, including employees, customers, investors, and suppliers.

Decision Making

The cognitive process of choosing a course of action among several alternatives to achieve a desired outcome, critical in both personal and professional contexts.