Author Question: Explain how everyday low pricing (M) reduces the usage of diverting and forward ... (Read 123 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?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library