Collaborative commerce is an e-commerce technology that can be used to improve collaboration within and among organizations, frequently in supply chain relationships

Indicate whether the statement is true or false

TRUE

Business

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During the off-season, Parrish Farms, a bed-and-breakfast inn, offers a 25 percent reduction on its weekend rates to entice customers to make last-minute reservations at its website. This is an example of pricing strategy used as which of the following?

a. a direct sales tool b. a promotion strategy c. a product strategy d. an Internet enhancer

Business

Many leases in leased departments can be terminated on very short notice (as little as 60 days) by the leasor. This gives the leasor _____

a. decreased bargaining power b. increased bargaining power c. protection under fair practice laws d. additional revenue

Business