Which of the following statements about a flexible-price policy is True?
A) Flexible pricing means offering the same price to all customers who purchase under essentially the same conditions and in the same quantities.
B) The availability of computer pricing databases has had no effect on the popularity of flexible-price policies.
C) Flexible pricing often involves price negotiation between the buyer and seller.
D) Flexible pricing does not cause channel conflict.
E) None of these statements about a flexible-price policy is true.

Question

Quizplus · Accepted Answer

Flexible pricing often involves price negotiation between the buyer and seller. The other statements are either false or incomplete. A is a definition of fixed pricing, B is unsupported, D is incorrect as flexible pricing may cause channel conflict when different customers are offered different prices.

Which of the Following Statements About a Flexible-Price Policy Is