An Advantage Associated with a Flexible Pricing Policy Is How

question 32

Multiple Choice

An advantage associated with a flexible pricing policy is how it:

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

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Definitions:

Celebrity Spokespersons

Famous individuals who are hired to promote a product, service, or brand by leveraging their popularity and influencing their fanbase or followers.

Samuel L. Jackson

An accomplished American actor and film producer known for his roles in numerous films and distinctive voice.

George Clooney

An American actor, filmmaker, and activist known for his work in television and film, as well as his involvement in various social and political causes.

GRPs

Gross Rating Points, a measure used in advertising to indicate the size of an ad campaign's audience across various media platforms.