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Department stores such as Nordstrom , JC Penney , and Macy's rely on sales and promotions. During the sales, prices are temporarily rediced to encourage
Department stores such as Nordstrom, JC Penney, and Macy's rely on sales and promotions. During the sales, prices are temporarily rediced to encourage purchases. This reflects which type of pricing strategy?
| a. | Market penetration pricing | |
| b. | High-low pricing | |
| c. | Psychological pricing | |
| d. | Price skimming | |
| e. | Everyday low pricing |
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