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When Derek Walked into His Local Radio Shack Store He

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When Derek walked into his local Radio Shack store he was not sure what he needed to improve his cell phone connection.The salesperson looked up the specifications on his current phone,showed him alternatives,and sold him a new phone.The salesperson was acting in the sales role of:


Definitions:

Real Time

Information technology that processes data as it is received, with very little delay.

One-price Policy

A pricing strategy where a retailer sets a fixed price for all customers, eliminating bargaining or negotiation.

Fixed-price Policy

A pricing strategy where the price of a product or service is set and not subject to change based on market fluctuations or negotiation.

Customary Pricing

Pricing strategy based on traditional costs or prices established over time within a specific industry or market for certain goods or services.

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