If a Business Decides to Reduce Its Prices Once in a While

question 167

Multiple Choice

If a business decides to reduce its prices once in a while on an unsystematic basis, it is using

• A)price reduction planning.
• B)random discounting.
• C)bundle pricing.
• D)periodic discounting.
• E)penetration pricing.

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Definitions:

Largely Negative

A term describing predominately negative outcomes, perceptions, or attitudes.

Unethically

Acting in a manner that is morally wrong or not in alignment with accepted standards of behavior.

Individualist

A person who prioritizes personal goals and autonomy over group goals and conformity.

Apathetic

Showing or feeling no interest, enthusiasm, or concern about something.