When Walmart communicates to consumers that,for any given group of often-purchased items,its prices will tend to be lower than that of any other competitor,Walmart is exhibiting what type of pricing strategy?
A) high/low
B) EDLP
C) price skimming
D) uniform delivered pricing
E) bait and switch

Question

Quizplus · Accepted Answer

Walmart is exhibiting the Everyday Low Pricing (EDLP) strategy, where the company offers consistently low prices on most items instead of relying on frequent sales or discounts.

When Walmart Communicates to Consumers That,for Any Given Group of Often-Purchased