Solved

Some Automobile Dealerships Employ a Nonnegotiable or No-Haggle Price Strategy

Question 3

Multiple Choice

Some automobile dealerships employ a nonnegotiable or no-haggle price strategy to sell their cars.A customer who wants to buy a new or used car would pay the posted price.These dealers probably adopted this pricing policy because


A) the industry was discussing the abandonment of self-regulation practices.
B) women have an intense dislike of price negotiation,yet still want to buy a car.
C) many recent immigrants into the United States are not accustomed to negotiation.
D) women distrust men in general and car salesmen in particular.
E) a sluggish economy guarantees that negotiations would produce negative profit per vehicle.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents