MANAGEMENT

Detailed explanation-1: -One of the most common examples of bait and switch advertising appears in offers from car dealerships. For instance, the car dealership will typically run an ad that says they have a limited supply of a specific model of motor vehicle that they will sell at an unusually rare and low price.

Detailed explanation-2: -Bait and switch is a morally suspect sales tactic that lures customers in with specific claims about the quality or low prices on items that turn out to be unavailable in order to upsell them on a similar, pricier item. It is considered a form of retail sales fraud, though it takes place in other contexts.

Detailed explanation-3: -A “bait and switch” takes place when a seller creates an appealing but ingenuine offer to sell a product or service, which the seller does not actually intend to sell.

Detailed explanation-4: -Bait advertising is the practice of offering items for sale at low prices to attract consumers to a business.