Angelo Manages a Local Convenience Store That Sells Gasoline

question 56

Multiple Choice

Angelo manages a local convenience store that sells gasoline.When gas prices are high,his sales increase,but gas margins are low.So,depending upon gas sales for the success of the business can be a problem for him.What should Angelo do?

• A)add fresh healthy food and new convenient services to the product mix
• B)open more gas pumps
• C)temporarily lower gas prices to motivate customers to fill up at his store
• D)sell two-for-one candy with every fill-up
• E)all of the above

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Definitions:

Conditions of Worth

Standards imposed by others and internalized that a person believes they must meet to be valued or accepted.

Expectancy Theory

A theory in psychology that proposes an individual's motivation is related to their expected outcomes of a behavior and the value they place on those outcomes.

External Locus of Control

A psychological concept suggesting that individuals believe external forces or circumstances primarily determine their life events and outcomes.

Situational

Related to or dependent on a particular set of circumstances or context.