A Manager at Kohl's Discovers That Macy's Has Reduced the Price

question 203

Multiple Choice

A manager at Kohl's discovers that Macy's 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)Bundle pricing
• C)Reference pricing
• D)Random discounting
• E)Comparison discounting

---

Definitions:

Drum Diameter

The inside diameter of a brake drum, which can affect the brake assembly's efficiency and the vehicle's braking performance.

Drum's Friction Surface

The area on a brake drum where the brake shoes make contact, creating friction to slow down or stop the vehicle.

Drum Micrometer

A measuring tool specifically designed for checking the internal dimensions of brake drums to ensure they are within specification.

Grabbing Brakes

A condition where brakes apply too abruptly or with excessive force.