Author Question: Greenpeace is an environmental organization with the mission to ensure the ability of the Earth to ... (Read 69 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
Greenpeace is an environmental organization with the mission to ensure the ability of the Earth to nurture life in all its diversity. It engages in much advocacy related to environmental issues including climate change, deforestation, overfishing, and more. Greenpeace's main product is most likely a(n)
 A) good.
  B) tangible entity.
  C) service.
  D) idea.
  E) feature.

Question 2

What is bundle pricing? Give three examples, each one from a different industry.



akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

D

Answer to Question 2

Bundle pricing is the packaging together of two or more products, usually of a complementary nature, to be sold for a single price. To be attractive to customers, the single price usually is considerably less than the sum of the prices of the individual products. Being able to buy the bundled combination in a single transaction may be of value to the customer, increasing convenience and a sense of value. Bundle pricing is used commonly for banking and travel services, computers, and automobiles with option packages. Bundle pricing can help to increase customer satisfaction. It can also help firms to sell slow-moving inventory and increase revenues by bundling it with products with a higher turnover.
Examples: (1 ) an airline company offers low-cost accommodations when tickets are reserved to a particular place; (2 ) a fast-food chain offers soda and a burger for a lower price than if the two had been purchased separately; (3 ) a computer retailer offers accessories for a lower price when combined with the purchase of a laptop.




Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

For a complete list of videos, visit our video library