Which of the following is NOT a commitment device?
Select one:
a. A non-refundable advance payment to reserve a room at a resort.
b. A manufacturer's 2-year agreement to fix, at no cost to you, anything that breaks on your computer.
c. A pre-nuptial agreement that provides for a large penalty in the event a spouse has an affair.
d. High fines for illegal parking on campus.
Ans: High fines for illegal parking on campus.
Explanation:
All of the three options (i.e. a , b & c) except option d involves some commitments. Non-refundable payment is a commitment. repairing a product with no cost (which is called warranty) is also a commitment. An agreement is also a commitment. But imposition of fine is not a commitment.
Thus, option [d] is correct answer.
Which of the following is NOT a commitment device? Select one: a. A non-refundable advance payment...