Which of the Following Is an Example of the Tragedy

question 272

Multiple Choice

Which of the following is an example of the Tragedy of the Commons?

• A)The number of professional football teams increases to the point where the quality of the games decreases, as does television viewership.
• B)The number of satellites increases to the point where they begin running into each other.
• C)Disney World becomes so crowded that it institutes a lottery for admissions.
• D)A tiger breeding program becomes so successful that local zoos have to build additional exhibits so that visitors can view the cats.

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Definitions:

Memorized Sales Presentation

A sales strategy where the salesperson memorizes a sales pitch and delivers it verbatim to each potential customer.

AIDA Approach

A marketing strategy model that stands for Attention, Interest, Desire, and Action, used to guide the process of advertising and sales techniques.

Transactional Selling

A sales approach focused primarily on achieving quick sales transactions rather than building long-term customer relationships.

SPIN Procedure

A sales technique that involves asking Situation, Problem, Implication, and Need-payoff questions to understand and address customer needs.