If a Manager Designs the Shoe Department in a Manner

question 14

Multiple Choice

If a manager designs the shoe department in a manner that one of its private label pairs of shoes, priced at $69.99, is positioned next to a well-known national brand of shoes priced at $89.99, what strategy is the manager attempting to accomplish?

• A) Everyday low price
• B) Odd-even pricing
• C) Prestige pricing
• D) Special-event pricing
• E) Reference pricing

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Definitions:

Everyday Work Practices

The routine actions and behaviors employees engage in as part of their daily work life, contributing to organizational culture and productivity.

Alertness

The ability some people have to identify opportunities.

Social Life

The part of an individual's time that is spent engaging with others, often in leisure activities.

Opportunities Exist

Refers to the presence of chances or situations favorable for achieving certain goals or starting new ventures.