During the hot summer months, the Nick Price Golf School offers a 25 percent reduction on its golf lessons to attract golfers during the off-season. Which of the following is exemplified in this scenario?
a. The power of yield management systems
b. The advantage of markup pricing
c. The relationship between price and quality
d. The use of price as a promotional tool
ANSWER: d
This scenario illustrates the use of price as a promotional tool. Price is often used as a promotional tool to increase consumers' interest.
Business
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A) measure the objective function. B) measure how much or how many items to produce, purchase, hire, etc. C) always exist for each constraint. D) measure the values of each constraint.
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A media gateway translates ________ transmissions
A) signaling B) transport C) both A and B D) neither A nor B
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