Examlex
What is value-based pricing? What is the basic assumption marketers must make about their markets before implementing a value-based pricing strategy?
Social Cohesion
The bonds that bring people together in a society, fostering unity, solidarity, and a sense of belonging among its members.
Realistic Conflict Theory
A social psychology theory that suggests competition for limited resources leads to conflict between groups, resulting in increased prejudice and discrimination.
Ultimate Attribution Error
The tendency to ascribe the cause of a behavior to the dispositions of the group rather than to situational factors when evaluating behaviors of groups different from one's own.
Normative Influence
The effect of societal norms and expectations on an individual's behavior, prompting conformity to group standards.
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