Which pricing method assigns a single, unchanging price to an item?

Which pricing method assigns a single, unchanging price to an item?

• A. PLU-based pricing
• B. Fixed item pricing
• C. Dynamic pricing
• D. Seasonal pricing

Answer: (B)

Pricing stability means assigning a single price to an item that stays the same over time unless someone intentionally changes it. This approach uses fixed item pricing, where the price is set and remains constant across all transactions until management updates it. It’s different from dynamic pricing, which adjusts prices based on demand or other factors; seasonal pricing, which changes with a specific season or period; and PLU-based pricing, where a price is retrieved via a PLU code and can vary by store or update. Because the question asks for the method that assigns one unchanging price, the fixed item pricing approach is the correct choice.

Pricing stability means assigning a single price to an item that stays the same over time unless someone intentionally changes it. This approach uses fixed item pricing, where the price is set and remains constant across all transactions until management updates it. It’s different from dynamic pricing, which adjusts prices based on demand or other factors; seasonal pricing, which changes with a specific season or period; and PLU-based pricing, where a price is retrieved via a PLU code and can vary by store or update. Because the question asks for the method that assigns one unchanging price, the fixed item pricing approach is the correct choice.