A Car Company Introduces a New Car in the Market

question 109

Multiple Choice

A car company introduces a new car in the market.It maintains a low introductory price to reach the middle-income group.The main objective of the company is to build sales and profits quickly.This is an example of:

• A)everyday low pricing.
• B)external reference price.
• C)high/low pricing.
• D)market penetration pricing.
• E)internal reference price.

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Definitions:

General-Duty Clause

A provision that requires employers to provide a workplace free from recognized hazards that could cause harm to employees.

Americans With Disabilities Act

A legal statute that forbids the unequal treatment of people with disabilities, covering various public sectors like employment, education, transit, and both public and private venues accessible to the public.

Safety Violations

Instances where safety regulations and standards are not followed, risking the health and safety of individuals.