MrFreezee Operates a Fleet of Ice Cream Trucks That Drive

question 13

Multiple Choice

Mr.Freezee operates a fleet of ice cream trucks that drive around neighborhoods selling ice cream.He is trying to decide whether he should buy another ice cream truck to add to his fleet.He determines that one more truck will add $750 to his revenue but that the truck will also increase his costs by $1,000.Based on marginal analysis,Mr.Freezee decides:

• A)that he should not purchase the truck since the costs outweigh the benefits.
• B)that he should purchase the truck since the benefits outweigh the costs.
• C)that he should purchase the truck since his profits will rise by $250.
• D)to purchase several trucks with the same costs and benefits.

Understand the impact of demographics and psychographics in audience analysis.

Develop empathy and understand its relevance in communication and audience analysis.

Understand and identify different domains in Schwartz's values model.

Differentiate between espoused and enacted values within organizations.

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Definitions:

Wisdom

The quality of having experience, knowledge, and good judgment; the ability to apply such attributes to solve problems or make decisions.

Psychosocial Stages

Erikson’s theory that proposes eight stages of human development, each characterized by a different psychological crisis that contributes to a person's personality.

Adaptive Development

The process of change and growth that enhances an individual's ability to cope with new situations and challenges.

Generativity

A concern for establishing and guiding the next generation, typically developed during middle adulthood.