Purchase Solution

One-Price vs. Flexible-Price Policies

Not what you're looking for?

Ask Custom Question

What is the difference between one-price and flexible-price policies? Which would be the most appropriate for a hardware store?

Purchase this Solution

Solution Summary

The solution discusses the differences between one-price and flexible price strategies and discusses which would be the most appropriate for a hardware store in 276 words.

Solution Preview

A one-price policy charges all customers the same amount based on the good or service provided regardless of all other circumstances. Customer #1 is charged the same price as customer #4 and as customer #33. There is no variation in pricing policies (with the only exception being the use of a coupon or similar item). All basic prices are the same for every good and service. Examples of companies that have a one-price policy ...

Purchase this Solution

Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.