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Celeste Is the Manager of Classy Clutches, a Store That

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Celeste is the manager of Classy Clutches, a store that sells designer purses. Celeste knows that the economy greatly affects her business. Therefore, she is developing alternative courses of action for each of the four possible economic outcomes that may occur over the next four to six years. In this scenario, Celeste is


Definitions:

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, which can influence various psychological states and behaviors.

Ingroup Bias

The tendency to favor one's own group, including its members or interests, over those of outsiders or competing groups.

Social Loafing

The phenomenon where individuals exert less effort when working collectively in a group than when working individually.

Social Facilitation

The phenomenon where an individual's performance is enhanced when they are in the presence of others.

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