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Elliot and McGregor's Conceptualized 2 X 2 Achievement Goal Framework

question 32

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Elliot and McGregor's conceptualized 2 x 2 achievement goal framework in which achievement goals (task/ego) are crossed with the classic approach/avoidance conflict:


Definitions:

Differentiated Products

Products that are similar but distinguished from each other by features, branding, quality, or other attributes.

Tacit Collusion

An unspoken arrangement between firms in a market to set prices or production levels that benefit them at the expense of market competition.

Marginal Costs

The augmented cost incurred by the production of an extra unit of a product or service.

Tacit Collusion

A non-explicit agreement among competitors to limit competition and increase prices or profits without direct communication.

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