Walser Limited Lifetime Powertrain Warranty. Available on all new car purchases and most used cars with less than 60,000 miles. Duration: Warranty is valid from vehicle sale date during the customer's lifetime or until the customer no longer owns the vehicle. Coverage: This is an inclusionary warranty which means only named components are covered. The warranty is limited to these listed parts.
Price Taker. What it is: A price taker is a person or company that has no control to dictate prices for a good or service. In the trading world, a price taker is a trader who does not affect the price of the stock if he or she buys or sells shares. The concept of a price taker is best illustrated with an example.
Leader pricing is a common pricing strategy used by retailers to attract customers. It involves setting lower price points and reducing typical profit margins to introduce brands or stimulate interest in the business as a whole or a particular product line. Products sold in this strategy are often sold at a loss. Such products are referred to as loss leaders.