Examlex
Which of the following is the lowest level of empowerment?
Customary Pricing
A pricing strategy where the price of a product or service is based on what is traditional or expected in the industry, rather than being determined by market dynamics or costs.
Everyday Lower Pricing
A pricing approach where businesses maintain consistently low prices for their products instead of depending on sales or markdowns.
List Price
The advertised or published price of a product or service before any discounts, rebates, or special offers are applied.
Quoted Price
The current price at which an asset or service can be bought or sold.
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