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NO.1 A Macy's manager designs the casual clothing department such that one of Macy's private label
pairs of jeans, priced at $24.99, is positioned next to a national brand of jeans, such as Levis, priced at
$39.99. What is the manager attempting to accomplish?
A. Everyday low prices strategy
B. Prestige pricing strategy
C. Odd-even pricing strategy
D. Reference pricing strategy
E. Special-event pricing strategy
Answer: D

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NO.2 When conducting a SWOT analysis, opportunities and threats are likely to arise from:
A. changes in consumer preferences.
B. assets and financial performance.
C. key personnel.
D. the location of the company.
E. the company's core competencies.
Answer: A

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