The fact that corporate travelers are less price sensitive than most leisure travelers because the corporation pays for the travel is referred to as the:

A. expenditure effect
B. price-quality effect
C. unique value effect
D. shared cost effect

The correct answer is D. shared cost effect

Explanation:

The shared cost effect refers to the reduction in price sensitivity of a customer created through the perception that part of the purchase price is paid for by a third party of the firm itself.

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.

answer(d) encourage cooperation by improving the chances of mutually agreeable transactions;