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Aronson Points Out That a Baseball Player Is Considered for the Hall

question 8

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Aronson points out that a baseball player is considered for the hall of fame if he has a .333 lifetime batting average. This means the player fails two out of three times when he tries to get a hit. Applied to social psychology, this metaphor suggests that:


Definitions:

Potential Profitability

The capacity of a business venture or investment to generate earnings and achieve financial success.

Under-served Markets

Markets or segments that have insufficient access to products, services, or resources, often due to economic or geographic reasons.

Choosing a Segment

involves selecting a specific part of the market to focus on, based on certain criteria like demographics or behavior.

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