Successful Strategies for Copy Cats Include All of the Following

question 45

Multiple Choice

Successful strategies for copy cats include all of the following EXCEPT

• A)Being the first to change to a new standard.
• B)Transferring the location.
• C)Seeking abandoned or ignored market.
• D)Selling products at a global level.

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Definitions:

Festinger

Leon Festinger was a psychologist known for the theory of cognitive dissonance, which describes the discomfort felt when holding conflicting thoughts or beliefs.

Self-regulation

The process by which individuals control their own thoughts, emotions, and behaviors to pursue long-term goals.

Self-discrepancy

A psychological theory detailing the discrepancy between an individual's actual self, ideal self, and ought self.

Ought Self

An individual's representation of the attributes someone (like themselves, peers, or society) believes they should possess, often leading to motivation to meet these perceived expectations.