Why has the practice of running frequent sales often backfired for retailers?
A) Fewer shoppers are interested in bargain hunting.
B) Changing price points have had little effect on store images.
C) Consumers become trained to buy only when the retailer is having a sale.
D) Shoppers are more interested in store image than in price points.
E) Department stores have resisted using everyday-low-pricing strategies.
C
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A) a defensive management team, always ready to act B) a strong and candid internal communication system C) a system of mandated approvals for all communications D) job screening for all potential employees
Diamond Electronics Inc. has a current price of $18.45 per share for its preferred shares that pay an annual dividend of $0.96. What is the current return on the firm's preferred shares?
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