To Increase the Popularity of Its New Range of Smartphones,GizmoPro

question 13

Multiple Choice

To increase the popularity of its new range of smartphones,GizmoPro Inc.offered several free accessories to customers who bought their smartphones.However,the offer turned out to be unsustainable and the company had to offer discounts on the accessories instead.GizmoPro's decision is aimed at _____.

• A) market share pricing
• B) profit maximization
• C) demand orientation
• D) sales maximization

Identify groupthink, its symptoms, and prevention methods.

Understand evidence-based management and its importance in decision-making.

Recognize the role of a devil's advocate in challenging proposals and strategies.

Explain the phenomena of risky shift and conservative shift in group decision-making.

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Definitions:

Genotype

Referring to the entire set of an organism's genes and their combinations, it essentially underpins potential and inherited traits.

P Generation

The parent generation in a genetic cross, from which offspring are derived in subsequent generations.

Testcross

Cross, between an individual with a dominant phenotype and an individual with a recessive phenotype, to determine whether the dominant individual is homozygous or heterozygous.

Dominant Phenotype

The phenotype or trait that is expressed in an organism's appearance when two different alleles or versions of a gene are present.