In Order to Avoid the Bullwhip Effect,how Should Pricing Policies

question 29

Multiple Choice

In order to avoid the bullwhip effect,how should pricing policies be structured with relation to demand?

• A)To facilitate steady demand
• B)So demand will react rapidly to changes
• C)To lag demand
• D)To charge what the market will bear
• E)Pricing is not a cause of the bullwhip effect

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Definitions:

Synergist

Muscle that works with other muscles to cause a movement.

Cause Movement

To initiate or provoke a change in position or action within a system or organism.

Sternocleidomastoid Muscle

A major muscle in the neck that plays a key role in rotating and flexing the head.

Rotate

The action of turning around an axis or center point, either in objects or in anatomical terms as movements of body parts.