Consider the argument: Price-match guarantees are bad for consumers because they eliminate any incentive for competitors to reduce prices. When you think it through, it's obvious that they eliminate price competition; ACME wouldn't win any of Globex's customers by offering a discount if Globex will give the same discount. On what hidden assumption does the main argument rely? (Or in other words, what premise should we add if reconstructing the argument faithfully and charitably?) O fa company wouldn't win competitors' customers by offering a discount then price- competition is eliminated. O What eliminates incentives for competitors to reduce prices is bad for consumers. Price match guarantees are deceptive because retailers can always find a legal reason to refuse to honor them. O Price-match guarantees deceptively seem to be good for consumers.

Consider the argument: Price-match guarantees are bad for consumers because they eliminate any incentive for competitors to reduce prices. When you think it through, it's obvious that they eliminate price competition; ACME wouldn't win any of Globex's customers by offering a discount if Globex will give the same discount. On what hidden assumption does the main argument rely? (Or in other words, what premise should we add if reconstructing the argument faithfully and charitably?) O fa company wouldn't win competitors' customers by offering a discount then price- competition is eliminated. O What eliminates incentives for competitors to reduce prices is bad for consumers. Price match guarantees are deceptive because retailers can always find a legal reason to refuse to honor them. O Price-match guarantees deceptively seem to be good for consumers.

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Similar questions

What is the purpose and scope of the importance of studying Walmart's competitors?
What is the core strategy of Tesla Motors?
Set 2 Listening goals for yourself. Be as specific as possible. Involve the following elements in your goals: person(s) involved, specific behavior involved, in what circumstances, and a frequency or date towards which you are working. Use concepts from the book that will help you create and achieve your goals. Refer to Chapter 7 of interact, 14th edition by Verderber and Macgeorge.
Please help with this.
What is STP and what are its advantages?
History of Oman packaging company SAOG & it's business activities.
Describe the primary layers that comprise the architecture of Indiastack and their functions.
what are some reasons why social ventures need different sustainability models compared to purely commercial ventures?
Define horizontal integration and what are the primary advantages of Real Estate organization's horizontal integration?
How is bad news different from good news?
Examine the techniques used by Uber, Etsy and AirBnb that is leading to their success. Pick a company that uses the same techniques as the companies above and explain how this company compares with their customer service.
what is the market size and growth rate of Subway fast food restaurant?