Examlex
Four strategic objectives are relevant to pricing, these are to _______.
Social Rewards
Benefits or positive outcomes that are derived from social relations and interactions, such as acceptance, recognition, and support.
Relative Deprivation
Relative deprivation is an intolerable gap between the social rewards people feel they deserve and the social rewards they actually receive.
Intolerable Gap
A concept referring to a significant disparity between reality and individuals’ expectations or beliefs, often leading to social change.
Absolute Deprivation
A condition of extreme poverty.
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