Answered

Car bar allows its customer to rent a car at $10 per day on weekdays, at $15 per day on weekends, and at $20 per day exclusively during the holiday season. this pricing strategy helps the company match the supply and demand for its cars. this is an example of _____.

Answer :

segehood

Answer:

Operations- oriented pricing

Explanation:

Operations oriented pricing is the situation whereby productive capacity is optimised to achieve efficiencies in operations or to match up demand and supply using varying prices. Here, the later part of the definition applies. In this case, Carbar changes its prices along with the season and day of the week in order to match up with demand. Operations oriented pricing seeks to match supply and demand by varying the prices. In times where demand are high, prices are increased and times when demand are low, prices is reduced.

Answer:

Operations Oriented Pricing

Explanation:

The strategy to alter prices according to the demand of the product to match prices and demand is also referred to as Operations Oriented Pricing. In the current situation, the company is matching its product price with its product's demand by pricing differently according to different occasions in which the product has different demand. Hence the company is pursuing Operations oriented pricing strategy.