Multiple Choice
Match each item with the correct statement below.
-A(n) _____ is a price reduction offered to a consumer or a business buyer in return for prompt payment of a bill.
A) competitive bidding
B) penetration pricing strategy
C) list price
D) trade discount
E) price flexibility
F) promotional pricing
G) loss leader
H) cannibalization
I) bundle pricing
J) odd pricing
K) transfer price
L) profit center
M) skimming pricing strategy
N) competitive pricing strategy
O) pricing policy
P) market price
Q) noncumulative quantity discount
R) step out
S) bot
T) cash discount
Correct Answer:

Verified
Correct Answer:
Verified
Q64: Which of the following pricing policies is
Q65: Auctions such as eBay are considered the
Q66: A firm that manufactures TVs sells them
Q67: Cumulative quantity discounts tend to bind customers
Q68: The amount by which the average transportation
Q70: Cannibalization occurs when companies offer their products
Q71: A grocery store places tags on shelves
Q72: A(n)_ is a general guideline that reflects
Q73: A one-time reduction in list price typically
Q74: Which of the following is a disadvantage