WalMart Utilizes a Pricing Strategy of Maintaining Continuous Low Prices

question 61

Multiple Choice

WalMart utilizes a pricing strategy of maintaining continuous low prices rather than relying on sales.This strategy is an example of ____________.

• A) skimming pricing
• B) psychological pricing
• C) everyday low pricing
• D) penetration pricing

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Definitions:

Telecommuting

Telecommuting is a work arrangement in which employees do not commute to a central place of work, instead performing their job duties remotely, usually from home.

Organizational Citizenship Behaviours

Voluntary actions performed by employees that contribute to the overall positive functioning and culture of an organization, beyond their usual job duties.

Flexible Work Arrangements

Work schedules that allow employees flexibility in how, when, and where they work, often to balance work-life demands.

Flex-Time

A flexible working hours scheme that allows workers to alter workday start and finish times.