Enrique Works for an Electronics Store That Frequently Uses Sales

question 83

Essay

Enrique works for an electronics store that frequently uses sales and promotions to set prices.Which pricing strategy does Enrique's company use? If they were to change their strategy which other main strategy would they use?

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Definitions:

Fixed Cost

Costs that remain constant regardless of the amount of goods produced or sold, like lease payments, employee wages, and insurance fees.

Expansion Options

Strategic choices available to a business to increase its size, offerings, or operational capacity.

Minimizes Cost

The process or approach aimed at reducing expenses and spending to the lowest possible level.

Central Hub

Central hub refers to a focal point or a core center where activities, processes, or networks converge, often used to optimize distribution or communication.