A power strip is a block on the end of a power cable with a number of sockets (usually 3 or more), often arranged in a line. This term is also used to refer to the whole unit of a short extension cord terminating in a power strip.
Why Is It Important? Pricing is a key determinant in the decision making process customers use to purchase a product or service. It is important to establish how much your target market will pay for your product or service. Shows you how sensitive your customers are to changes in price.
(stohr man-ij-muhnt) (n.) The practice of overseeing sales performance and supervising the staff of retail stores. The most important aspect of a retail store manager job is sales performance, which involves hitting sales goals and raising profits. Retail store managers must understand customer service principles and handle complaints and questions while maintaining customer satisfaction.