Sophia Owns an Upscale Accessory Boutique and Drastically Reduced the Price

question 104

Multiple Choice

Sophia owns an upscale accessory boutique and drastically reduced the price of some earrings to make room for new inventory.When the earrings didn't sell in the "discount basket," she put them back on the shelf at regular price and they sold within a month.Which of the following relationships explains her customers' perception of price?

• A)Prestige-value
• B)Price-prestige
• C)Price-quality
• D)Value-quality

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Definitions:

Optimism

Making internal attributions about positive events in the present and future and external attributions about negative events.

Hope

Persevering toward one’s goals and, when necessary, making changes and using multiple pathways to achieve one’s goals.

Canadian Workers

Employees or labor force participants who are based in Canada, engaging in various sectors of the Canadian economy.

Work-Life Balance

Refers to the equilibrium between professional responsibilities and personal life, allowing for adequate time and energy for both work and personal commitments.