At the End of the Summer,Howard Nursery Reduced the Price

question 24

Multiple Choice

At the end of the summer,Howard Nursery 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 investment
• B)sales maximization
• C)target return on investment
• D)profit maximization

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Definitions:

Observable Behaviors

Actions or reactions of individuals or systems that can be directly seen or measured.

Pragmatists

Thinkers or philosophers who judge the truth of theories or beliefs in terms of the success of their practical application.

Subconscious

The part of the mind that is not fully aware but influences actions and feelings.

Reality

The state or quality of having existence or substance; the world or state of things as they actually exist.