Question

1. this involves setting a high price on a new product, in order for the retailer to make a higher profit margin on the innovation buyers who will be the first to purchase the product.

a. price matching
b. discount pricing
c. markup pricing
d. price skimming

1. the term for someone who is considered to be a supportive, collaborative and reliable part of a group is:

a. team player
b. team member
c. teammate
d. team leader

1. a makeup artist at a makeup counter decides to expand her skills on her team, so she begins to oversee special makeup events at the store and virtually. what is this an example of?

a. specialization
b. cross - training
c. mentorship
d. self - promotion

1. ____________ is the prevention of injury and illness, including foodborne illness, to employees and customers in a workplace.

a. occupational safety
b. workplace safety
c. osha
d. safety hazards

Explanation:

• Question 7: Price skimming involves setting a high initial price for a new product to target early - adopting customers (innovation buyers) and achieve a high profit margin.
• Question 8: A team player is someone who is supportive, collaborative, and reliable within a group.
• Question 9: Cross - training is when an employee expands their skills to take on different tasks within the same work context.
• Question 10: Workplace safety focuses on preventing injury and illness (including foodborne illness) to both employees and customers in a workplace.

Answer:

• 7. D. Price skimming
• 8. A. Team player
• 9. B. Cross - training
• 10. B. Workplace Safety