Which of the following is an attempt by the marketing manager to induce store patronage through selling a product near cost or even below cost?

a. leader pricing
b. price skimming
c. odd-even pricing
d. price lowballing

Ans: a. leader pricing

Business

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Craig, one of the senior managers at Clayton Inc., insisted that company supervisors handle employee relations as part of their jobs. Which of the following statements strengthens Craig's argument?

A. The supervisors represent the company on a day-to-day basis. B. The supervisors have the business experience to take up additional responsibilities. C. The supervisors do not hold any stakes in the organization. D. The supervisors are not a part of the employees' union. E. The supervisors are responsible for any action taken by the employees.

Business

You should be particularly wary if an offer is received on your listing that contains the word(s)

a. "subordination." b. "transfer disclosure." c. "time is of the essence." d. "liquidated damages."

Business