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According to Bandura, __________ refers to the notion that unless individuals believe they can produce desired results by their actions, they have little incentive to act.
Competing Products
Goods or services offered by different businesses that seek to satisfy the same customer needs or market demands.
Internal Standard
A benchmark or criterion established within an organization to ensure consistency and quality in its operations or production.
Life-Cycle Costs
The total cost of owning, operating, maintaining, and disposing of a product or system over its life span.
Transactional Costs
Expenses incurred during trading, beyond the price of the goods, including search and information costs, bargaining costs, and enforcement costs.
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