The Pygmalion Effect Is a Type of __________

question 22

Multiple Choice

The Pygmalion effect is a type of __________.

• A) self-fulfilling prophecy
• B) contingency theory
• C) external motivator
• D) negative reinforcement

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Definitions:

Supply Savings

The reduction in costs achieved through efficient supply management practices, including negotiation, strategic sourcing, and procurement efficiencies.

Market Changes

Refers to the fluctuations and transformations in the dynamics of a market, influenced by factors like consumer behavior, economic policies, and technological advancements.

Technology Changes

Refers to the process of adopting new and improved technologies, often leading to innovation and transformation in various sectors.

Cumulative Savings

Total savings accumulated over time usually as a result of cost-saving strategies and efficiencies.