Super-Sav supermarket employees regularly shop at other local supermarkets in order to make certain that Super-Sav is charging prices comparable to the other supermarkets.What type of pricing strategy is Super-Sav using?

Question

Quizplus · Accepted Answer

Status quo pricing is a strategy where a company sets prices similar to those of its competitors to maintain a stable market position. Super-Sav's practice of checking prices at other supermarkets to ensure their prices are comparable aligns with this approach.

Super-Sav Supermarket Employees Regularly Shop at Other Local Supermarkets in Order