A Retail Store That Offered Its Customers Everyday Stable Prices

question 92

Multiple Choice

A retail store that offered its customers everyday stable prices is using a(n) _____ strategy.

• A)disintermediated pricing
• B)penetration pricing
• C)high/low pricing
• D)price skimming
• E)EDLP

---

Definitions:

Bailment

describes a legal relationship in which one party temporarily relinquishes possession but not ownership of a piece of property to another party under agreement.

Carport

A covered structure used to provide limited protection to vehicles, primarily from rain and snow, which unlike a garage, is open on two or more sides.

Liable

Refers to being legally responsible for something, usually implying a duty to make restitution for harm or damage caused.

Salvage

A reward given to persons who voluntarily assist a sinking ship to recover its cargo from peril or loss.