Odd-Even Pricing Is

question 136

Multiple Choice

Odd-even pricing is

• A) a cost-based strategy.
• B) competition based.
• C) a rarely used technique.
• D) a psychological pricing strategy.
• E) a form of unethical pricing.

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Definitions:

Planning Horizon

The time frame within which plans or strategies are developed and expected to be implemented or achieve a specific target.

Operational Planning

The process of creating short-term, detailed steps and allocating resources to achieve the strategic goals of an organization.

Strategic Planning

A systematic process of envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Strategic Planning

The process by which an organization defines its strategy or direction and makes decisions on allocating its resources to pursue this strategy.