An Organization Which Uses Product Differentiation Strategy Will Charge Higher

question 119

True/False

An organization which uses product differentiation strategy will charge higher prices.

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Definitions:

Negative Reinforcement

A form of operant conditioning where a response is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.

Internal Revenue Service

The Internal Revenue Service (IRS) is a U.S. government agency responsible for the collection of taxes and enforcement of tax laws.

Penalty

A punishment imposed for violating a rule, law, or agreement.

Negative Reinforcement

A process in operant conditioning where a response is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.