Which of the following is a disadvantage of a rigid one-price policy?

A) It makes it easier to set prices.
B) It allows competitors to undercut one's price.
C) It makes it difficult to maintain goodwill with customers.
D) Price administration is more challenging.
E) It is difficult to locate target customers.

Answer: B) It allows competitors to undercut one's price.

Business

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A student management system allows students to have multiple majors, and advisers are assigned to handle multiple students and courses. This is an example of a(n) ________ relationship

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