Which of the following is an adverse effect of using promotional pricing?
A) It makes shopping stressful if used by multiple stores simultaneously.
B) It erodes the value of competing brands in the eyes of customers.
C) It gives pricing secrets away to competitors.
D) It creates "deal-immune" customers if used often.
E) It delays the company's focus on short-term strategies.
A
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________ is the ratio of the percentage change in volume to the percentage change in price
A) Market demand B) Market share needed C) Price elasticity D) Average selling price E) Volume sold
A business purchases an airplane from an airplane manufacturer. The business obtains a loan to purchase the airplane from a bank, which obtains a security interest in the airplane
The airplane manufacturer is paid for the airplane out of the proceeds of the loan. This is a(n) ________ transaction. A) two-party secured B) three-party secured C) perfected D) attached