Which of the Following Is False About Dynamic Pricing

question 30

Multiple Choice

Which of the following is false about dynamic pricing?

• A)It has been used by the St.Louis Cardinals to price tickets to its games
• B)Revenue optimization is an example of dynamic pricing
• C)In setting a price using dynamic pricing,a seller considers consumer demand and interest in alternative products
• D)All consumers are happy with dynamic pricing

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Definitions:

Business Managers

Professionals responsible for planning, directing, and overseeing operations and employee performance in a company.

Political Response Continuum

A theoretical framework describing various strategies organizations use to engage with and respond to political environments and policy making.

Defend Status Quo

The act of maintaining the existing state of affairs or resisting changes to current policies, conditions, or standards.

Political Response Continuum

A range of strategies or actions that an organization can take in response to political events, policies, or pressures, from highly reactive to highly proactive.