The Decision to Keep or Drop Products or Services Involves

question 104

Multiple Choice

The decision to keep or drop products or services involves strategic consideration of all the following except:

• A) Potential impact of the decision on the demand for the remaining products or services.
• B) Potential impact of the decision on employee morale.
• C) Potential impact of the decision on pricing of other products offered by the firm.
• D) Growth potential of the firm.
• E) The desired inventory levels of the product.

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Definitions:

White Rat

Commonly used in psychological experiments, particularly in the study of behavior, learning, and conditioning; often associated with B.F. Skinner's work.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, elicits a conditioned response.

White Rat

Commonly used in psychologic and medical research, a laboratory rat of a breed that is white in color.

John Watson

An American psychologist who established the psychological school of behaviorism, emphasizing the importance of observable behaviors over internal phenomena like thoughts and feelings.