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The Closer the Proximity of the Competition, the More Influence

question 55

True/False

The closer the proximity of the competition, the more influence the competition will have on the price of the small business owner's product.


Definitions:

Cognitive Dissonance

The inner conflict encountered by someone who possesses multiple beliefs, ideas, or values that contradict each other at the same time.

Attitude Accessibility

Refers to the ease with which an attitude can be retrieved from memory.

Peripheral Route

A persuasion method that involves indirect cues like attractiveness or celebrity endorsement to influence attitudes or behaviors, rather than direct, logical arguments.

Implicit Route

This key term does not refer to a widely recognized concept in psychology or cognitive science. NO.

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