Answer:
b. bait pricing
Explanation:
Bait pricing strategy is one that is aimed at attracting customers by presenting a price that is lower than the actual value of a product. Usually the product is limited in quantity and when buyers come in they are convinced to buy something else.
This is considered an illegal means of marketing.
I'm the given instance when the customer got to the dealership the salesperson can't find that particular car on the lot, saying maybe it was sold this morning before he got in. The salesperson offers a higher-priced car.
This is bait pricing strategy.
Answer:
1. utility
Explanation:
The law of diminishing marginal utility states that as consumption increases, the utility derived from consumption falls.
I hope my answer helps you
Answer: D. exporting
Explanation:
Exporting is the sale of goods to other countries apart from your own even though the goods being sold were produced in your own country.
Exporting works best when the country doing the exporting is capable of producing the goods being exported at a lower price than the country that it is sending to, that way the people in that country have an incentive to buy it over locally made products. WoodCore is producing in the U.S. and selling elsewhere. This is exporting.
One of the biggest ethical risks in supply chain management is that the <u>most visible</u> supply chain member tends to be the one that suffers the blame and/or lost goodwill when something goes wrong.most visible.
<h3>What is ethical risk?</h3>
- In reaction to their unethical behaviors, actors end up externalizing their locus of control, as if they had no other choice.
- In this manner, actors reduce their own power to identify a profitable alternative course of action. They reduce their freedom to choose.
- On the other hand, inclusive awareness of ethical and unethical aspects triggers a natural search for more ethical actions (Cf. Psychological attitudes towards ethical dissonance).
- A rational analysis of the interest of such a more ethical alternative allows avoiding exaggeration of its costs (without proper analysis, a typical justification of an unethical action is that an alternative course of action would be too costly).
- Further, awareness of potential ethical costs increases the relative attractiveness of an alternative more ethical action. The re-framing of the situation allows the identification of new opportunities otherwise hidden to the actors.
To learn more about ethical risk from the given link
brainly.com/question/8377024
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Answer:
"B"
Explanation:
A profitable customer is a person , household or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting , selling and servicing that customer.
They are necessary for the existence of a business into the foreseeable future as profit is key to the survival of all businesses
In identifying a profitable customer ,one needs to
- define who is customers are
- products bought by them
- identify the most profitable products
- Services employed by them
- Related cost to managing and retaining them