Michael Porter Identified Pressures That Can Hurt Potential Sales

question 22

Short Answer

Michael Porter identified pressures that can hurt potential sales.Knowledgeable customers can force __________ prices by pitting rivals against each other.

Understand extinction and spontaneous recovery within classical conditioning.

Differentiate between generalization and discrimination in classical conditioning.

Comprehend the process of associating neutral stimuli with unconditioned stimuli to elicit conditioned responses.

Analyze real-life examples of conditioned emotional responses.

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Definitions:

Expected Return

The average return an investor anticipates receiving on an investment, considering all potential outcomes.

Expected Return

The potential return on an investment, taking into account both the probability of gains and the risk of loss.

Portfolio

A diversified collection of investments held by an individual or institution, including stocks, bonds, real estate, and other assets.

Cyclical Stock

A stock that's price is affected by macroeconomic or systematic changes in the overall economy, typically performing well during economic expansions and poorly during contractions.