Temporary Discounts Offered to Customers by Competitive Retailers Usually Reflect

question 18

Multiple Choice

Temporary discounts offered to customers by competitive retailers usually reflect:

• A)output rationing.
• B)a rise in market demand.
• C)price discrimination.
• D)a fall in input prices.

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Definitions:

Issues Management

The process by which an organization identifies, assesses, and responds to potential or actual issues that could impact its operations, reputation, or profitability.

Economic

pertains to the production, distribution, and consumption of goods and services and how societies allocate their resources.

Technological

Pertaining to technology; involving, using, or relating to the application of scientific knowledge for practical purposes.

Political-Legal Environment

The aspect of the external environment of an organization that deals with the legal and political conditions influencing its operations.