Manual Signs That Easily Convey Their Meaning (I

question 25

Multiple Choice

Manual signs that easily convey their meaning (i.e., cradling one's arms while gently rocking back and forth to represent "baby") are

• A)symbolic.
• B)self-evident.
• C)iconic.
• D)transparent.

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Definitions:

Loss Leader

A pricing strategy whereby a business offers a product or service at a lower price in an attempt to attract more customers.

Psychological Pricing

A pricing strategy that plays on the psychological perception of prices by consumers, often using prices that are slightly lower than a round number to encourage purchases.

Value-Based Pricing

A pricing method that involves pricing a product based on how it benefits the customer.

Customer-Led Pricing

A pricing strategy that relies on understanding and responding to the preferences and willingness to pay of the targeted customers.