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Define a Retail Chain with Examples

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Define a retail chain with examples.


Definitions:

Heuristics

Heuristics are cognitive shortcuts or rules of thumb that simplify decision making by allowing individuals to solve problems and make judgments quickly and efficiently.

Insight

A sudden and often novel realization of the solution to a problem; it contrasts with strategy-based solutions.

Fixation

In psychology, a persistent focus of the id’s pleasure-seeking energies at an earlier stage of psychosexual development.

Sign Language

A form of communication that uses visual gestures and signs, as used by deaf and hard-of-hearing people.

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