Which of the Following Is NOT a Factor That a Manager

question 50

Multiple Choice

Which of the following is NOT a factor that a manager should bear in mind when estimating a project's revenues and costs?

• A) The prices of technology products tend to fall over time as newer, superior technologies emerge and production costs decline.
• B) Sales of a product will typically accelerate, stabilise, and then decline as the product becomes outdated or faces increased competition.
• C) Prices and costs tend to rise with the general level of inflation in the economy.
• D) A new product typically has its highest sales immediately after release as customers are attracted by the novelty of the product.

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Definitions:

Benevolents

Individuals or entities that are disposed to doing good and acting with kindness or charity.

Entitleds

Individuals who believe they deserve preferential treatment and are overly self-centered in their relations with others.

Negative Inequity

A perception of unfairness experienced when an individual perceives they have received less in comparison to others, despite similar input or effort.

Equity Theory

A theory of motivation that focuses on the fairness of how rewards and resources are distributed within social groups or organizations.