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The manager of a small gas station observes that while gasoline sales have been steady, the service side of the business has declined, and mechanics are often idle. He decides to offer a promotion-a $20 off coupon for an oil change that is to be mailed to 800 households within a two-mile radius from the gas station. The cost of printing and mailing is $1,000. The normal cost of an oil change is $40. Materials and labor per oil change cost is $15. How many additional maintenance service jobs must result for the promotion to break even?
Needs-Hierarchy Theory
A motivational theory in psychology proposed by Abraham Maslow, which suggests that needs exist in a hierarchy from basic physical needs to self-actualization.
New Psychology
Refers to modern or contemporary approaches and perspectives in the field of psychology, emphasizing recent developments, theories, or methodologies.
Cognitive-Behaviorist
Refers to a psychological approach that combines cognitive and behavioral therapies to treat psychological disorders, focusing on modifying dysfunctional emotions, behaviors, and thoughts.
Growth Needs
Psychological requirements for personal development and self-actualization.
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