Mr. Rahat purchased amobile pouch from a supermarket and noticed 20%offer on the price. This is anexample ofa. Promotionb. PriceO C. FinancingO d. Selling Business is a goal-orientedactivity Some of the Goals ofbusiness area. Wealth Maximizationb. Value MaximizationC. All of the aboveO d. Profit Maximization

Discounting is one of the pricing strategies.

Answered: mobilé pouch from a super market and…

Business

Operations Management

mobilé pouch from a super market and noticed 20% offer on the price. This is an example of a. Promotion

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Concept explainers

Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.

Question

Mr. Rahat purchased a
mobile pouch from a super
market and noticed 20%
offer on the price. This is an
example of
a. Promotion
b. Price
O C. Financing
O d. Selling

Business is a goal-oriented
activity Some of the Goals of
business are
a. Wealth Maximization
b. Value Maximization
C. All of the above
O d. Profit Maximization

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