Explain the psychology behind a price of $9.99 instead of $10.00
What will be an ideal response?
Consumers typically see a product that is priced at $9.99 as in the $9 range instead of as $10. The price appears to be cheaper at a subconscious level.
Business
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Since a business gains market share with day-to-day operations, senior managers value process management experience over project management experience
Indicate whether the statement is true or false
Business
Amazon relies on the Internet to join together suppliers with companies and companies with customers. Amazon is most likely using ________
A) value-added networks B) e-commerce C) electronic data interchange D) private technology exchange
Business