A store using an everyday low- pricing (EDLP)strategy does which of the following?
A)positions itself as an anchor store in a shopping center
B)eliminates most forms of customer service in order to maintain low prices
C)relies on its pricing strategy to create its competitive advantage and engages in a price war if necessary to maintain the advantage
D)sets prices between the list price the manufacturer suggests and the deeply discounted price stores that compete on price alone offer
E)has weekly sales

Question

Quizplus · Accepted Answer

EDLP stores rely on their pricing strategy to create their competitive advantage. They set prices between the list price the manufacturer suggests and the deeply discounted price stores that compete on price alone offer.

A Store Using an Everyday Low- Pricing (EDLP)strategy Does Which