Author Question: Explain how everyday low pricing (M) reduces the usage of diverting and forward ... (Read 50 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
Explain how everyday low pricing (M) reduces the usage of diverting and forward buying.

Question 2

The listing of elements from which you'll draw the sample is called the
 a. population.
  b. sampling frame.
  c. sample.
  d. census.
  e. parameter.



xMRAZ

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

EDLP(M) is a form of pricing whereby a manufacturer charges the same price for a particular brand day in and day out. Because no off-invoice allowances are offered to the trade under this pricing strategy, wholesalers and retailers have no reason to engage in forward buying or diverting. Hence, their profit is made from selling merchandise rather than from buying it.

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

For a complete list of videos, visit our video library