To Gain Market Share, When Hyundai First Entered the U

question 155

Multiple Choice

To gain market share, when Hyundai first entered the U.S. car market it did so with a comparatively low pricing strategy. One of the negative side effects of making this pricing decision is

• A)a negative impact on consumers' perceptions of quality.
• B)difficulty raising the prices later.
• C)a high return on investment level affecting tax balances owed.
• D)poor survival chances.
• E)higher developmental costs.

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Definitions:

Procedural Justice Model

A theory in organizational behavior that focuses on the fairness of the processes used to make decisions.

Motivated To Perform

This refers to the condition where an individual shows enthusiasm or willingness to carry out tasks effectively due to intrinsic or extrinsic factors.

Goal-Related Tasks

Tasks that are directly tied to the accomplishment of specific objectives within an organization or project.

Goal-Directed Manner

Acting with intention and focus towards achieving a specific outcome or set of objectives.