A Reference Price Might Be Considered Deceptive If

question 91

Multiple Choice

A reference price might be considered deceptive if

• A)the internal reference point is different from the external reference point.
• B)the reference price is more than two times the cost of the item.
• C)the reference price has been inflated or is fictitious.
• D)the reference price has changed more than once in the past 12 months.
• E)it reflects actual manufacturing costs plus 50 percent.

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Definitions:

Job Design

The process of organizing work into the tasks required to perform a specific job, including deciding on the content and structure of job roles.

Punishment

is the imposition of a penalty as a result of an offense, serving as a method of enforcing rules and discouraging undesired behavior.

Contingent Reinforcement

A behavior modification technique where the delivery of a reward or punishment is dependent on the occurrence of a specific behavior.

Punish Openly

A controversial management practice where disciplinary actions or penalties are publicly administered to deter undesirable behavior.