How Does the Process of Encoding Take Place

question 24

Multiple Choice

How does the process of encoding take place?

• A)information enters a person's memory system in its raw form,typically through an unconscious process outside of the person's awareness
• B)information collected from the world at large is recorded in a form that can be used by a person's memory system
• C)information already stored in memory is recalled to mind,so that a person can act on that information
• D)"registers" or "receptors" in the memory system are identified,and individual memories are assigned to each one

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Definitions:

Rigid Cost-plus Pricing

A pricing strategy where a fixed percentage is added to the total cost of production to determine the price of a product, without flexibility.

Pricing Strategies

The methods and tactics businesses employ to price their products or services effectively to attract customers and achieve profitability.

Flexible Cost-plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's variable cost, allowing for adjustments based on market conditions.

Competitive Influences

External pressures that affect how companies operate and compete with one another within the market.