Which of the Following Would Be an Example of an Objective

question 82

Multiple Choice

Which of the following would be an example of an objective in Step 1 of the price-setting process?

• A)"We need to set an initial price of $259 dollars per unit."
• B)"We need to find the least expensive distributor."
• C)"We need to make a profit of at least $1.2 million."
• D)"We need to make allowances for large quantity orders."
• E)"We need to increase the price during the holiday shopping season."

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Definitions:

Incentive Value of Success

The motivational significance or attractiveness of achieving success in a particular endeavor.

Probability of Success

The likelihood or chance of achieving a favorable outcome in a given endeavor.

Emotional Experience

The subjective feeling and psychological state resulting from one's emotions, which can include aspects such as intensity and valence.

Miserable Conditions

Situations or environments that are extremely uncomfortable, unhappy, or difficult to endure.