Department Stores Often Use ________ Pricing in Which They Have

question 46

Multiple Choice

Department stores often use ________ pricing in which they have regular prices which are relatively high, but offer special sales where prices are set lower than competitors.

• A) penetration
• B) bundling
• C) strategic
• D) high-low

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Definitions:

Psychosocial

Pertaining to the influence of social factors on an individual's mind or behavior, and the interrelation of behavioral and social factors.

Heredity

The genetic transmission of physical or mental traits from one generation to the next.

Biological Parents

The parents who have contributed their genetic material to the birth of a child, also known as birth parents.

Individual Differences

Differences in characteristics, influences, or developmental outcomes.