After an Extended Period of Unseasonably Warm and Sunny Weather

question 54

Multiple Choice

After an extended period of unseasonably warm and sunny weather, revenues at an indoor tennis club are down sharply during the month of November, but are in line with what managers expected for the month.The best strategy for the club manager is to ________.

• A)do nothing
• B)run a sale on hourly rates
• C)raise hourly rates to increase revenue
• D)change her monthly goals for December

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Definitions:

Power Base

the sources of influence and authority an individual or organization possesses, such as expertise, control of resources, or personal relationships.

Positive Reinforcement

A principle in behavioral psychology where the introduction of a rewarding stimulus following a desired behavior increases the likelihood of that behavior being repeated in the future.

Salary Increases

The process of raising an employee's pay rate, typically based on factors like performance, inflation, and market rates.

Aspirational Reference Groups

Social groups that individuals aspire to join or emulate, influencing their choices and behaviors to align with perceived group norms.