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To Prevent the Most Value-Conscious Shoppers from Defecting to Walmart,Tesco

question 48

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To prevent the most value-conscious shoppers from defecting to Walmart,Tesco mined its database to identify Clubcard users who buy the lowest-priced grocery items.


Definitions:

Biological

Pertaining to the processes and phenomena of living organisms, or in a broader sense, related to the life sciences.

Self-regulation Theory

A theory that focuses on individuals' control of their own behavior and emotions, aiming for goal achievement.

Higgins's

Referring to the theories or models proposed by psychologist Tory Higgins, often related to self-discrepancy theory and motivation.

Prevention

Actions or measures taken to stop something undesirable, such as illness or accidents, from happening.

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