Matt's retail store offers all its products at $2 lesser than its competitors throughout the year. The store never runs any promotional campaigns or offers any additional special discounts. Matt's retail store is following a(n)________.
A) auction-type pricing policy
B) target-plus pricing policy
C) everyday low pricing policy
D) high-low pricing policy
E) going-rate pricing policy

Question

Quizplus · Accepted Answer

Matt's retail store is following an everyday low pricing policy, where they offer consistently low prices compared to their competitors without periodic promotions or discounts.

Matt's Retail Store Offers All Its Products at $2 Lesser