Evaluate This Statement: "People Engaged in Economizing Behavior Will Always

question 13

Essay

Evaluate this statement: "People engaged in economizing behavior will always buy the lowest priced item they can find."

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Definitions:

Persisting Resistance

Continuous opposition or unwillingness to accept or comply with changes or new ideas within an organization or group.

Institutionalization

The process by which a practice or organization becomes well established and widely recognized as an important component of society.

Unfreezing

The initial stage in the change process where existing behaviors or attitudes are challenged to prepare for the introduction of new ways of functioning.

Reengineering

The radical redesign of organizational processes to achieve major improvements in such factors as time, cost, quality, or service.