An example of recognition of shortage is when a consumer _____

a. sees an ad for a suit at a 50 percent price reduction
b. becomes aware of a product that he/she has not purchased before
c. gathers a list of products that will solve the problem at hand
d. runs out of a product

d

Business

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When a company maintains its price but removes or prices separately one or more elements that were part of the former offer, such as free delivery or installation, it is known as ________

A) escalating B) differentiation C) unbundling D) reverse discounting E) delayed quotation pricing

Business

The managerial routines, behaviors, and mechanisms that allow a firm to function as intended are known as ________

A) organizational designs B) organizational culture C) organizational processes D) organizational structure

Business