What Was the Initial Reason for Odd Pricing

question 119

Multiple Choice

What was the initial reason for odd pricing?

• A) It saved on distribution costs
• B) It reduced losses due to employee theft of cash
• C) It offered a limited number of predetermined price points making pricing easier
• D) It eliminated confusion when a customer shopped in different locations
• E) It was used to increase traffic flow

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Definitions:

Process-oriented Layouts

Facility layouts designed around the sequential order of operations for specific products or product families, often seen in manufacturing settings.

Labour Assignment

The process of allocating human resources to different jobs or tasks within an organization to ensure efficient operation.

Process Layouts

An arrangement of resources in a production facility where similar activities or functions are grouped together, based on the type of process they are involved in.

Relative Positioning

The strategic process of establishing a brand or product's identity by comparing it to and differentiating it from competitors in the marketplace.