A Major Advantage to the Use of an Everyday Low

question 64

Multiple Choice

A major advantage to the use of an everyday low pricing (EDLP) strategy to a retailer is its _____.

• A)reduction of advertising and relabeling costs
• B)generation of customer traffic that accompanies special sales events
• C)ability to receive increased allowances from major suppliers
• D)providing of special sales events to consumers to generate traffic

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Definitions:

Facebook

A social media platform designed for sharing messages, photos, and videos, often used for social networking and advertising.

Google

Google is a multinational technology company best known for its search engine, which has become synonymous with internet-based information retrieval.

Very Large Companies

Very Large Companies are corporations that dominate their industries due to their immense size, resources, and market influence, often having a significant impact on the economy and employment.

Media Companies

Organizations engaged in the production, distribution, or sale of media content, including television, radio, internet platforms, and print publications.