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Saudi Electronic University Pricing Strategy Discussion

 

I’m working on a management question and need guidance to help me learn.

Imagine you need an outfit for an upcoming party. You can visit TJMaxx, where you know you will find an EDLP pricing strategy. However, Nordstrom is having its semi-annual sale, during which it drastically marks down its usually high prices. Where do you think you will find a better price? Which offers better value? Why?