You are project team member working on a new gas chromatography machine that has successfully completed all testing and is ready to sell. The original price for the machine has been set as $35,000 per unit -- this price was based on extensive market research. However, after a few months, the machine is not selling well and the company lowers the price of the machine to $30,000. The company puts more effort into sales, doubling down on phone sales and e-mail campaigns to save cash. Still, as the economy founders, sales continue to be poor and the company again lowers the price to $25,000 -- barely 5% higher than the company's cost for the machine. Which system archetype is likely being exhibited.
tragedy of the commons
eroding goals
orange stand economics
limits to growth
Answer:
Eroding goals
Explanation:
When actors in a system fail at achieving what they set out to do, they reduce the benchmark, constantly reducing the level of their goals. We see this in the battle for even cheaper consumer electronics, with the quality and functionality losing out over price reductions. Politicians are classic goal eroders as well, since they reduce their lofty goals over time to meet common denominators.
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You are project team member working on a new gas chromatography machine that has successfully completed...