​State University Recently Announced a Plan to Increase Tuition

question 137

Multiple Choice

​State University recently announced a plan to increase tuition.As president of the student government,you feel obligated to protest.Luckily,before emailing a statement to the board of trustees,you asked your marketing professor to proofread it.From the sentences below,choose the mistake(s) she caught.

• A)​A tuition increase could harm the university by resulting in market suppression.
• B)​A tuition increase could harm the university by resulting in cost recovery.
• C)​If the university would reduce tuition instead of increasing it, this would create a market incentive and boost enrollment.
• D)​We believe the increase is a profit maximization strategy, which is never used by not-for-profit organizations.
• E)​Price changes are never used by not-for-profit organizations to influence their markets.

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Definitions:

Self-Actualize

The process by which individuals realize their full potential, achieving their highest needs and aspirations.

Organizational Members

Individuals who belong to and participate in the structure of a formal organization, contributing to its goals.

Value Assumption

An underlying belief that shapes one's perspective or behavior, often taken for granted and not explicitly acknowledged.

Humanistic

The humanistic approach emphasizes the study of the whole person and the uniqueness of each individual, focusing on personal growth and self-actualization.