The discovery of Stephen realizing that the same shoes he just purchased are being offered for a lower price by the same company is known as predatory pricing.
<h3>What is Predatory Pricing?</h3>
Predatory pricing is a marketing strategy that employs the approach of discounting on a wider scale, in which a dominating corporation in an industry may purposefully lower the prices of a product to potential loss levels within the short term.
Predatory pricing typically causes customers harm or loss and is viewed as anti-competitive in many regions, rendering the practice unlawful under several legal provisions.
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<span>Many businesses prefer to provide and accept credit cards rather than accept personal cheques because it's more convenient for them to just charge directly to the bank of the credit card rather than they still needs to go to the bank and exchange the cheques.</span>
The cost of successfully defending a patent in an infringement suit should be amortized over the remaining estimated life of the patent. Amortization means adding the cost to patent account and dividing the costs of the suit by twenty years or by the remaining useful life of the patent, whichever one is shorter.
The BEST way to handle the situation is to work with central warehouse to arrange a predictable delivery time. Whereas, the WORST way to handle the situation is to change the delivery system so that goods are delivered only once a month.
So, if you are the manager of a retail store, and the shipments of the products you sell arrive once a week from the central warehouse you need to pull a couple of your workers from inside the store who can unload the shipments. As the truck arrives any time in a day, this creates problem as the workers are not availabe whenever the shipment arrives.
The best way through which one can handle the situation is by working with central warehouse to get appropriate information on the delivery date and so that the workers are made available accordingly. Whereas, the worst way to handle this situation is by changing the delivery system.
Hence, options 2 and 3 are correct.
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