Students in Class Were Given Extra Credit Whenever They Raised

question 213

Multiple Choice

Students in class were given extra credit whenever they raised their hand to ask a question. According to the law of effect, the students will MOST likely:

• A) refuse to accept the extra credit from the instructor.
• B) continue raising their hand to ask questions.
• C) ask for more extra credit in order to boost their grade.
• D) never again raise their hand to ask a question.

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Definitions:

Differentiation

A marketing strategy where a company seeks to distinguish its product or service from competitors’ offerings through unique features, benefits, or quality.

Cost Focus

A business strategy that aims to gain a competitive advantage by reducing operating costs and offering lower prices than competitors.

Market Specialization

A strategy where a company focuses its marketing efforts on a specific market niche, tailoring its products, services, and marketing activities to meet the needs of that particular market segment.

Product Specialization

Product specialization is a strategy where a business focuses on producing and selling a limited range of products to target a specific market segment or demographic effectively.