Slick It,Inc

question 191

Multiple Choice

Slick It,Inc. ​Render is a salesperson for Slick It,Inc.Slick It does not sell products with its own brand name.Instead,its products are created for different retail stores and carry the store brand.Render thought that several changes needed to be made to a particular product,but Slick It management reminded him that the stores,not Slick It,owned the brand. ​However,because Slick It had been concerned about dropping sales,management listened to Render's concerns about the company's pricing.He suggested using a different pricing strategy.More specifically,he felt that the company should incorporate a multiple-unit pricing strategy because it would then allow Slick It to set a single price for multiple units.This had the potential of increasing sales and therefore profits,so management agreed to consider Render's suggestion.
-Refer to Slick It,Inc.When Slick It displays information on a product or its package,this refers to

• A) supply.
• B) pricing.
• C) labeling.
• D) brand equity.
• E) demand.

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Definitions:

Passive Voice

A grammatical voice where the subject of the sentence is acted upon by the verb, often used to create a sense of mystery or to depersonalize the subject.

Business Jargon

Specialized terminology or expressions commonly used in the business environment, often for quick communication of complex ideas.

Cross-cultural Communication Barriers

Obstacles in effective communication that arise from differences in cultural backgrounds, leading to misunderstandings or conflicts.

Race or Ethnicity

Socially defined categories of identity based on physical characteristics, ancestry, culture, or national affiliation.