An Internal Issue to Be Considered When Setting a Price

question 94

Multiple Choice

An internal issue to be considered when setting a price is

• A)whether there is a sole source or heavy competition.
• B)the life of the product or service.
• C)a price geared toward a minimum return on investment.
• D)whether there is seasonal demand or continual demand.

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Definitions:

Feeling Rules

Norms that dictate which emotions are appropriate for particular roles in a social context.

Emotion Labor

The process of managing feelings and expressions to fulfill the emotional requirements of a job.

Surface Acting

An emotional labor strategy where individuals feign or suppress genuine feelings to meet certain job or social expectations.

Display Rules

Cultural norms that dictate how emotions should be expressed, managing the appearance and suppression of emotions in social settings.