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Fyroff Consultants,a Leading Software Consulting Firm in the United States,decides

question 54

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Fyroff consultants,a leading software consulting firm in the United States,decides to launch an Enterprise Resource Planning (ERP) solution.The company chooses the brand name FyroffEnterprise for the new solution.However,when the company attempts to register the domain name,it finds that a small unknown firm is already registered under the same domain name.The small firm is now attempting to sell the domain name to Fyroff.Which of the following terms refers to this practice of buying a domain name only to sell it for big bucks?


Definitions:

Personality

A unique set of emotional, thoughts, and behavioral patterns that define an individual.

Collective Unconscious

A concept in Jungian psychology referring to the part of the unconscious mind that is derived from ancestral memory and experience, shared among beings of the same species.

Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for his work on the collective unconscious and archetypes.

Barnum Effect

A psychological phenomenon where individuals believe that vague, general descriptions of personality are highly accurate for them specifically.

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