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Identify and Briefly Discuss Any Three of the Factors That

question 113

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Identify and briefly discuss any three of the factors that influence the bargaining strength and leverage of buyers.


Definitions:

Classical Conditioning

A training approach where associations are made between a stimulus present in the surroundings and one that occurs inherently.

Operant Conditioning

An educational method where the intensity of a behavior is altered through rewards or penalties.

Social Conditioning

The process of training individuals in a society to respond in a manner generally approved by the society and its institutions.

Cultural Hegemony

The pervasive and excessive influence of one culture throughout society.

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