Walmart and Home Depot emphasize consistently low prices and eliminate most of the markdowns with strategy called everyday low pricing.
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What is everyday low price?</h3>
Everyday low price is a pricing strategy that assures customers of a cheap price all the time without forcing them to wait for discount price occasions or comparison shop. In addition to saving retail businesses the time and money required to mark down prices during sales, EDLP is also thought to increase customer loyalty. An EDLP retailer's price will typically fall between a high-low retailer's discounted price and its non-discounted price. It is typical for rival shops to divide the market into segments using various pricing heuristics. The segments are made up of two distinct groups of consumers with various buying habits for both final purchases and pre-purchase research. They are prepared to conduct research to find discounts and to stockpile goods when deals are available.
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Answer:
D. Every day
Explanation:
an end cap display that contains a fast selling items would definitely need changes more often in the space of everyday because that is where customers visit the more once they enter into the supermarket the more changes made by the faster the the items displayed gets selling
Answer:
(1) To gain dominance in the Autonomous driving Technology.
(2) To utilize the vast network of drivers of Lyft to enhance the use of its technology
(3) To strategically place itself to compete favourably with other Autonomous driving Technology firms.
(4) To enhance its performance and profitability.
PART B
Lyft has a better transparent and user friendly application generally people trust their app in terms of pricing and trip duration.
LYFT HAS A BETTER REPUTATION THAN UBER WHICH HAS BEEN INVOLVED IN SERIES OF SCAMS IN 2017.
Explanation:
Waymo is a sister company to Google owned by alphabet inc., It is an autonomous driving Technology company with a state of the art Technology in the self driving cars.
Lyft is an American company which is involved in car lift,car hailing, car sharing etc services in major cities of the United States of America, it has developed a vast network of drivers and routes through out the United States.
The alliance between Waymo and Lyft was mainly to help both entities leverage on the competence of each party for the greater good of Both Companies.
Answer and Explanation:
Protectionist policies followed by the government will lead to lack of competition for domestic firms in the market. When there is lack of competition for domestic firms in the market, this will make the firms inefficient in the long run in the country which has imposed protectionist policies. When the firms become inefficient, there will be less job creation in the jobs market and demand for labor will also reduce because of fall in profits of the firm. When profits fall, the firms will not be interested in providing safe working conditions to its employees because it will increase their cost of production reducing profits further. Thus, protectionist policies can lead to fewer jobs, lower wages or poor working conditions for the firm.
