Many 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:
Verified
Q7: Enlightened carmakers have hired women designers, engineers,
Q8: Women influence what percentage of new-car buying
Q9: The second stage in the consumer purchase
Q10: There are five stages in the consumer
Q10: Women make what percentage of new-car buying
Q11: There are five stages in the consumer
Q14: The initial stage in the consumer purchase
Q15: There are five stages in the consumer
Q16: The five stages a buyer passes through
Q17: The fourth stage in the consumer purchase
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents