What Is an Advantage Associated with a Flexible Pricing Policy

question 98

Multiple Choice

What is an advantage associated with a flexible pricing policy?

• A) It enables a seller to close a sale with a price-conscious customer.
• B) It causes inconsistent profit margins.
• C) It causes ill will among customers if they discover that other customers are paying lower prices.
• D) It enables salespeople to automatically lower the price to make a sale.

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Definitions:

Role Model

An individual who serves as a good example for others to emulate, often inspiring or influencing someone's behavior and attitudes.

Intrinsic Motivation

involves undertaking an activity for its inherent satisfaction rather than for some separable consequence or external reward.

Extrinsic Motivational Factors

External rewards or forces that influence the motivation to perform a task, such as money, praise, or recognition.

Creative Behaviors

Actions that demonstrate innovation, imagination, and the ability to generate novel ideas or solutions.