Low Price Operators Tend to Engage in Aggressive Cost Management

question 35

Multiple Choice

Low price operators tend to engage in aggressive cost management and also seek as much _______ as possible in order that fixed costs can be spread over a larger number of units and thus reduced.

• A)scale
• B)scope
• C)rates
• D)appeal

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Definitions:

Id

In psychoanalytic theory, the part of the mind responsible for instinctual impulses and demands for immediate satisfaction of basic needs.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the superego, and reality.

Self-Concept

An individual's awareness and perception of their own personality traits, abilities, and characteristics, forming the basis of their self-identity.

Incongruence

The disparity between an individual's self-image and actual experiences, often leading to psychological discomfort.