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Hoplan, a Motel Chain, Utilizes a Pricing Strategy of Maintaining

question 6

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Hoplan, a motel chain, utilizes a pricing strategy of maintaining continuous low prices rather than relying on sales. This strategy is an example of _____ pricing.


Definitions:

Dynamic Pricing

A pricing strategy where prices are adjusted in real-time based on supply and demand, market conditions, and customer behavior.

Online Shopping

is the process of purchasing goods or services over the internet through various websites and online marketplaces.

Shipping and Handling

The process and associated fees of preparing and dispatching a product to the customer, including both the physical transportation and the handling of goods.

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