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Variable Pricing Strategy Occurs Where a Business Sets and Advertises

question 19

True/False

Variable pricing strategy occurs where a business sets and advertises a fixed price but gives a discount for reasons such as the customer's knowledge and bargaining strength.

Explain the concept of the looking-glass self as proposed by Charles Cooley and its applicability to personal status.
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Definitions:

Sigmund Freud

An Austrian neurologist best known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Spiritual Certainty

A firm belief in spiritual truths or doctrines, often without need for physical evidence.

Defense Mechanism

Psychological strategies brought into play by individuals, groups, or even nations to cope with realities and to maintain self-image.

Reaction Formation

A psychological defense mechanism where an individual unconsciously replaces unacceptable thoughts or feelings with their opposites.

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