If a Price Is Set Too High, It Will Not

question 81

Multiple Choice

If a price is set too high, it will not generate much ________; if it is set too low, it may result in ________.

• A) interest; less value to the customer
• B) volume; lower margins and profits
• C) promotional value; less customer value
• D) operational opportunity; less product value
• E) place value; more customer defections

Recognize the characteristics of reliable web sources.

Comprehend the purpose and components of a goal statement.

Understand the importance of a timeline or plan in ensuring each step of a program is considered and implemented.

Differentiate between types of data used in evaluations.

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Definitions:

Physiological Forces

Factors related to the physical and biological functions of organisms that affect behavior, health, and well-being.

Unconscious Fears

Fears that reside within the unconscious mind, affecting behavior and thought processes without the individual's awareness.

Cultural Norms

Are the shared expectations and rules that guide behavior of people within social groups.

Constructs

Psychological categories or concepts that represent behaviors or experiences, often used to understand and predict human actions and attitudes.