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When Walmart Was Forced to Stop Refunding Price Differences on Items

question 189

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When Walmart was forced to stop refunding price differences on items sold for less by other stores because the practice is illegal in Germany, Walmart discovered the effect of


Definitions:

Meta-Communication

Communication about communication, which involves discussing or analyzing the way in which information is exchanged, including tone, non-verbal cues, and implicit messages.

Face-Saving

A social or psychological strategy employed to maintain dignity, avoid embarrassment, or preserve reputation after a mistake or failure.

Noise

In communication, unwanted or disruptive sounds that interfere with the reception of the message being sent.

Media Richness

The ability of a communication medium to effectively convey information and promote understanding.

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