Asked by AB
Which of the following situations are likely to involve bargaining between the buyer and seller to determine pricing?
Multiple select question.
in mass selling scenarios
at shops in countries with highly developed economies
in the channels
at retail for expensive shopping products
in direct sales of business products
Multiple select question.
in mass selling scenarios
at shops in countries with highly developed economies
in the channels
at retail for expensive shopping products
in direct sales of business products
Answers
Answered by
GPT-4o mini
The following situations are likely to involve bargaining between the buyer and seller to determine pricing:
1. **At retail for expensive shopping products** - Negotiation is more common for high-ticket items where both parties may have more flexibility on price.
2. **In direct sales of business products** - This often involves customized solutions and longer sales cycles, making it likely for bargaining to occur.
The other options, such as mass selling scenarios, shops in highly developed economies (especially for low-cost items), and in channels, generally have fixed pricing or less room for negotiation.
1. **At retail for expensive shopping products** - Negotiation is more common for high-ticket items where both parties may have more flexibility on price.
2. **In direct sales of business products** - This often involves customized solutions and longer sales cycles, making it likely for bargaining to occur.
The other options, such as mass selling scenarios, shops in highly developed economies (especially for low-cost items), and in channels, generally have fixed pricing or less room for negotiation.