If Macy's Department Store Prices Its Men's Ties at $10

question 210

Multiple Choice

If Macy's department store prices its men's ties at $10 intervals between $38 and $68, this is an example of:

• A) Reference pricing
• B) Price lining
• C) Bundle pricing
• D) Leader pricing
• E) Bait pricing

---

Definitions:

Team Members

Individuals who are part of a group working together towards a common goal or objective.

Virtual Team

A group of individuals who work together from different geographical locations using technology to communicate and collaborate.

Computer Mediation

Refers to the use of computers and digital platforms to facilitate or manage interactions and communication between individuals or groups.

Virtual Teams

Groups of people who work together from different geographic locations and rely on communication technology such as email, video or voice conferencing services to collaborate.