What type of pricing policy increases both the efficiency and fairness in handling customer transactions especially where the selling activity is delegated to salespersons who have varying degrees of loyalty to the retailer?
A) Variable
B) Flexible
C) Price lining
D) One-price
E) Multiple-unit

Question

Quizplus · Accepted Answer

The one-price policy sets a fixed, non-negotiable price for goods or services, ensuring fairness and consistency in customer transactions. This policy also promotes efficiency as it eliminates the need for haggling or price negotiations with salespeople who may have varying degrees of loyalty to the retailer.

What Type of Pricing Policy Increases Both the Efficiency and Fairness