Hoplan,a Motel Chain,utilizes a Pricing Strategy of Maintaining Continuous Minimum

question 119

Multiple Choice

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

• A)skimming
• B)psychological
• C)everyday low
• D)penetration

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Definitions:

Stranger Anxiety

A form of distress that young children experience when exposed to strangers, typically evident around 6 to 12 months of age.

Conservation

The principle of preserving natural resources and the environment through careful management and use.

Attachment

A deep and enduring emotional bond that connects one person to another across time and space.

Survival Impulse

The inherent drive in living organisms to avoid threats and sustain life.