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University presidents often have access to funding to pay to have widely recognized people, such as Mikhail Gorbachev, Maya Angelou or Jimmy Carter come to their campuses as speakers. When negotiating with speakers' bureaus for the services of these individuals, college presidents are primarily concerned with the "get" component of a service and monetary price is not of primary concern. What types of pricing strategies should the speakers' bureau use if they wish to appeal to the value as defined by the university presidents?
Endocrine System
A collection of glands that produce hormones which regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among other things.
Motivational Tension
A psychological condition where an individual feels compelled to act due to a perceived discrepancy between their current state and their desired state.
Internal Equilibrium
A state of balance within a system, especially regarding biological or chemical processes in living organisms.
Positive Feedback
A mechanism in which the output of a system amplifies the system or increases its output.
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