Micro Value Drivers Are Those Factors Affecting Specific Functions Within

question 101

True/False

Micro value drivers are those factors affecting specific functions within the firm.

Recognize the role of social comparison in self-evaluation.

Apply Festinger's social comparison theory to understand self-knowledge.

Identify different persuasion techniques and their psychological underpinnings.

Distinguish between central and peripheral routes to persuasion as outlined by the elaboration likelihood model.

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Definitions:

Social-cognitive

pertaining to the use of cognitive processes in understanding social interactions, including the assimilation of social norms and the understanding of other individuals' behaviors.

Reciprocal Determinism

A concept in psychology suggesting that an individual's behavior is both influenced by and influences their personal factors and the environment.

Academic Performance

The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.

Academic Inferiority

A feeling of not being as good as others academically, often resulting from constant comparison and competition.