When Deciding Whether to Discontinue a Product, Managers Should Only

question 146

True/False

When deciding whether to discontinue a product, managers should only consider the costs that will be saved.

Describe the theory of cognitive dissonance and its application to volunteerism and paid work.

Understand the factors influencing prosocial behavior and the bystander effect.

Recognize the dynamics of romantic relationships and the factors contributing to their dissolution.

Learn about normative influences on behavior and how they vary across cultures.

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Definitions:

Crustaceans

A diverse group of aquatic animals that have a hard exoskeleton, including species such as crabs, lobsters, and shrimps.

Mollusks

A large and diverse phylum of invertebrates that includes snails, slugs, oysters, and octopuses, with a soft body and, frequently, a calcium carbonate shell.

Notochord

A flexible rod made out of a material similar to cartilage that provides support in the embryonic stages of all chordates and some adult animals.

Phylum

A major category in the classification of living organisms, ranking above class and below kingdom.