Consumer Behaviour, _____________, Competition, and Speed Are the Four Changes

question 92

Short Answer

Consumer behaviour, _____________, competition, and speed are the four changes resulting from advances in IT that are driving supply chains.

Define and provide examples of behavior potential according to Rotter.

Interpret Rotter's views on situational factors in behavior prediction.

Describe Rotter's notion of interpersonal trust and its relevance in behavior analysis.

Illustrate the concept of minimal goal level in Rotter's theory.

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Definitions:

Minimum of Effort

A principle suggesting that individuals, systems, or organizations naturally tend to select the path or decision that requires the least amount of work or effort.

Specific Effort

Specific effort refers to the targeted exertion or dedicated work directed towards accomplishing a particular task or achieving a specific goal.

Shopping Effort

The amount of time and energy consumers are willing to spend in the process of searching for, selecting, and purchasing products or services.

Nondurable Good

A good that is consumed or has a lifespan of less than three years, such as food or stationery.