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You are new to an organization and do not really know what to expect about the socialization process. You are a recent
M.B.A. and have an undergraduate degree in computer science. Your new firm is a software development company with an emphasis in the health care industry. Your hiring process includes campus interviews, a day-long trip to interview at the company, an offer phone call and letter, and some promotional material sent via the mail. When you arrive for your first day of work, you spend half a day in an orientation session with Human Resources, where you complete paperwork and receive a company handbook. Then you spend the rest of the day with your supervisor, who gives you a tour, introduces you to your co-workers, and explains your first project. After that, you begin working and getting to know the others in the company. You find that in most respects, your experience fits your expectations, but in some ways you are surprised by realities that you hadn't expected. None of these surprises is too difficult to accept, so you eventually begin to feel at home and happy with your new job.
-When you start to work through the problems that you discover about the organization, you move into the _______stage of socialization.
International Pricing Strategy
A set of pricing approaches used by companies in international markets, considering factors like costs, demand, competition, and economic conditions in various countries.
Fair Prices
Pricing that is considered just, reasonable, and beneficial for both the buyer and seller in a transaction.
Price Elasticity
A measure of how much the quantity demanded of a good changes in response to a change in its price.
Price Discrimination
The strategy of selling the same product to different customers at different prices based on market segment, geographic location, or other variables.
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