Which Type of Pricing Aims to Increase Traffic in Retail

question 132

Multiple Choice

Which type of pricing aims to increase traffic in retail stores by using special sales on a limited number of products and higher everyday prices on others?

• A) high/low pricing
• B) loss leader pricing
• C) penetration pricing
• D) everyday low pricing

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Definitions:

Bell Canada

Bell Canada is a major Canadian telecommunications and media company, providing a wide range of broadband, voice, television, and other services across the country.

360-degree Feedback

A performance appraisal system where an employee receives confidential, anonymous feedback from the people working around them, such as peers, superiors, and subordinates.

360-degree Feedback

360-degree feedback is a performance appraisal system where employees receive confidential, anonymous feedback from the people working around them, including peers, subordinates, and supervisors.

Information Richness

The degree to which information contains cues that can be interpreted in multiple ways and leads to understanding.