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A Profitable Company Depends in Large Measure on Its Ability

question 113

Short Answer

A profitable company depends in large measure on its ability to attract and ________ customers and charge high prices.


Definitions:

Self-fulfilling Prophecy

A belief or expectation that causes itself to become true, merely because the belief influences behavior towards making it happen.

Employees

Individuals who are hired by a business or organization to perform specific duties in exchange for compensation.

Attribution Theory

A theory that explains how individuals infer the causes of their own and others' behaviors and events.

Selective Attention

The focusing of conscious awareness on a particular stimulus while ignoring others, essential in processing information efficiently.

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