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Suppose that white workers are getting paid $21/hour, while similarly productive African-American workers are getting paid $18/hour. A prejudiced white employer with a discrimination coefficient of $24/hour will
Consumer Behavior
The study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society.
Buyer Behavior
The study of how individuals or groups select, purchase, use, or dispose of goods, services, ideas, or experiences to satisfy their needs and desires.
Marketing Management
The process of planning, executing, and overseeing marketing strategies and tactics to attract, engage, and retain customers.
Attracting Customers
The strategies and tactics businesses use to draw potential buyers towards their products or services.
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