General Motors,in Order to Achieve a 15 to 20 Percent

question 50

Multiple Choice

General Motors,in order to achieve a 15 to 20 percent profit on its investment,prices its automobiles accordingly.This approach is called ________.

• A)value-based pricing
• B)value-added pricing
• C)cost-plus pricing
• D)low-price image
• E)target return pricing

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Definitions:

Confessional Behavior

A psychological phenomenon where individuals are compelled to admit or disclose their thoughts, feelings, or actions, often in a context that involves guilt or wrongdoing.

Attributions

Explanations that people construct to understand the causes of behavior, either their own or that of others.

Emotional Reactions

Responses that involve feelings, such as happiness, anger, or sadness, triggered by external events or internal thoughts.

Expectations

Beliefs or anticipations about the way events, actions, or behaviors should unfold in the future.