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Delvig [45]
3 years ago
5

Sellers using an edlp pricing strategy often communicate their strategy through the creative use of a reference price. True or F

alse
Business
1 answer:
pickupchik [31]3 years ago
6 0

Answer:

False

Explanation:

EDLP is an abbreviation that stands for "every day low pricing". Under such a pricing strategy, the retailer opts to sell products on the day's lowest prices instead of formally fixing sales periods or announcing discounts.

It means setting fair prices and maintaining such prices over a long period of time. This is beneficial to the retailers in the sense that instead of focusing their marketing strategy on prices and discounts, they can effectively focus upon the product quality.

With respect to the customers, the benefit being, they do not have to keep track of products going on sales or wait for availability of discounts before making a purchase decision.

Walmart represents the best example of a company who has successfully employed this pricing strategy over a long period of time.

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The answer is selective distribution strategy. This type of distribution strategy focuses more on the products that are distributed are to be given to only specific areas and are only selected by the company or the distributor in which is in lined with the statement given above.

6 0
3 years ago
Bryan Dobbs, Director of Marketing at Sarga Inc. has received multiple complaints about Davy Siegler over the past two months. A
pychu [463]

Answer:

D. organizational citizenship behavior.

Explanation:

In this scenario exemplified in the question, it can be said that Davy has all work behaviors except the behavior of organizational citizenship.

This behavior can be described as one that is not mandatory as part of the functional requirements of a job position, but an employee who presents organizational citizenship helps the company to promote a culture favorable to the maintenance of ethics and the development and performance of the organization as one all.

Any informal action by the worker that benefits the organization is part of the behavior of organizational citizenship. Some of these dimensions of behavior are altruism, loyalty, conscience, self-development, obedience, etc.

These behaviors are capable of promoting the well-being of the employee and the entire organization.

3 0
3 years ago
Katie Simpson: Do you have time to meet this afternoon? Carl Mendoza: Sure. What’s up? Katie Simpson: We need to finalize the Ba
Ksenya-84 [330]

Answer:

Yes

Explanation:

Based on the given details of the conversation that transpired between Katie Simpson and Carl Mendoza we can vividly say that  the preceding IM transcript apply professional best practices reason been that Katie Simpson who is the caller went straight to point  to the main reason why she called the receiver which is Carl Mendoza, And during the course of the preceding TRANSCRIPT the proper use of grammers and words , spelling, full stop, exclamation mark and question mark were on point and  accurate.

6 0
3 years ago
Companies are using _____________ to communicate their corporate social responsibility actions to their customers. sales promoti
myrzilka [38]
I would say social media. :) Hope this helps.
6 0
3 years ago
What are aspects of a free-enterprise system? Check all that apply. Private ownership of property is severely restricted. The go
Elena L [17]

Answer: In a free-enterprise system,

There are few limits on the use of private property.

Consumers make all of their economic choices.

Producers make all of their economic choices

<h3>a. There are few limits on the use of private property: </h3>

In a free enterprise system the holders of private property are free to buy and sell property. The government doesn't impose restrictions on such transactions.

<h3>b. Consumers make all of their economic choices. Producers make all of their economic choices.</h3>

In a free enterprise system, the producers set the price they want to charge for their product. Similarly, the consumers decide what they want to pay for the product. Hence the prices of commodities and the quantities supplied are decided by the market forces of demand and supply.

7 0
3 years ago
Read 2 more answers
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