At the End of the Summer,the Bloomin' Garden Center Reduced

question 115

Multiple Choice

At the end of the summer,the Bloomin' Garden Center reduced the price on all of its plants,fertilizer,and potting soil by 50 percent in order to liquidate this inventory.What type of pricing strategy is being used in this example?

• A) Supply oriented
• B) Sales maximization
• C) Target return on investment
• D) Satisfactory profit
• E) Profit maximization

---

Definitions:

Labour Costs

The total sum of all financial payments and benefits, including wages, salaries, and benefits, made to employees for their work.

Improve Operations

Strategies or actions undertaken to enhance the efficiency, effectiveness, and quality of business operations.

Operations Decisions

The strategic decisions of OM are goods and service design, quality, process and capacity design, location selection, layout design, human resources and job design, supply chain management, inventory, scheduling, and maintenance.

Goods and Services

Products and activities that fulfill the needs or wants of consumers, with goods being tangible items and services being intangible offerings.