A Manager at JC Penney Discovers That Sears Has Reduced

question 109

Multiple Choice

A manager at JC Penney discovers that Sears has reduced the price of its children's Levi's from $31.99 to $24.99,according to an advertisement in the Sunday newspaper.She immediately phones her store and instructs the salesperson on duty to put a sign up next to their children's Levi's that reads,"SALE: $24.99." This is an example of what pricing strategy?

• A) Secondary-market pricing
• B) Bait-pricing
• C) Reference pricing
• D) Random discounting
• E) Comparison discounting

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Definitions:

Positive Discipline

Positive discipline is an approach to managing employee behaviors that focuses on encouraging good behavior through positive reinforcement rather than punishing negative behavior.

Self-evaluate

The process of assessing one's own performance, skills, or qualities, often for personal or professional growth.

Positive Discipline Program

A system of managing employee behavior that focuses on encouraging constructive behavior and using non-punitive methods to address performance issues.

Misconduct

Inappropriate or wrongful behavior by an individual, often violating organizational policies or norms and leading to disciplinary action.