A retail store implements a single-pricing tactic as a way to remove price comparisons from the buyer's decision-making process.

Question

Quizplus · Accepted Answer

A single-pricing tactic involves offering one price for all products or services, which removes price comparisons from the buyer's decision-making process because they have nothing to compare it to. This can be effective in reducing haggling and negotiation, and it can also help to create a perception of fairness in pricing.

A Retail Store Implements a Single-Pricing Tactic as a Way