Author Question: A power center typically has an anchor ratio of: a. 30-50. b. 40-60. c. 50-70. d. 75-90. e. ... (Read 121 times)

soccerdreamer_17 · **on:** Jun 29, 2018

A power center typically has an anchor ratio of:
a. 30-50.
b. 40-60.
c. 50-70.
d. 75-90.
e. 90-100.

Question 2

When making a pricing decision, what other factors should a retailer consider?

maaaaaaaaaa · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

Pricing is an interactive decision made in conjunction with the firm's mission statement, goals and objectives, strategy, operational management, and administrative management. When making pricing decisions, retailers must remember that they are never going to be right every time. Pricing decisions should be interactive. Specifically, the decision to price an item at a certain level should be related to the retailer's decisions on lines of merchandise carried, location, promotion, credit and check cashing, customer services, desired store image, and legal constraints.