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David is selling a set of knives that is very expensive for the entire set. One tactic he uses is to ask people to try the paring knife and then ask them to purchase it for $5.00. Then he asks them to try other knives until he eventually works up to asking consumers to purchase the entire set of knives. Which selling technique is David using?
Goal Challenge
The process of setting objectives that stretch an individual's or team's capabilities and motivate performance.
Practical Example
A real-world scenario used to illustrate or explain a theory or concept.
Equity Theory
A theory in social psychology that explains how individuals perceive fairness in distribution of resources, leading to satisfaction or dissatisfaction based on perceived inequalities.
Underpayment
The situation in which an individual or group receives less compensation than is fair or deserved for their work or services.
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