Dynamic Pricing

question 39

Multiple Choice

Dynamic pricing

• A) is different than perfect price discrimination.
• B) is used to vary pricing quickly over time as market conditions change.
• C) is done primarily by Amazon.com.
• D) All of the above.

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Definitions:

Customer Relationship Management

The practice of managing a company’s interactions with current and potential customers, often using data analysis about customers' history to improve business relationships.

Software Similarities

The characteristics or features that make different software applications appear alike or function in comparable ways.

Cross-chain Visibility

The ability to view and track a product or component across multiple stages and entities within the supply chain.

Real-time Information

Data that is available immediately after collection, with no delay in the timeliness of the information provided.