34) A retailer that uses an everyday low pricing (EDLP) strategy
A) relies on discount coupons to persuade customers to return to their stores.
B) creates low prices through the use of sales promotions.
C) focuses more on economy rather than assortments.
D) is attempting to limit the customer information search to the retailer’s offering.
E) uses the multiattribute attitude model for fixing product prices.
35) The multiattribute attitude model is designed to
A) predict how a customer will evaluate a store based on its attributes and how important these
attributes are to the customer.
B) forecast inventory needs based on a multiple regression model.
C) stratify the target market by examining customers’ attributes and determine the store’s or
product’s position in the market.
D) modify preexisting attitudes by providing customers with a list of benefits (attributes) for
shopping at a particular store or buying a particular product.
E) shorten the buying process by highlighting the attributes that will most likely affect the buying
behavior of the targeted market.