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Incumbent Firms May Enjoy Increased Bargaining Power Because the Internet

question 49

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Incumbent firms may enjoy increased bargaining power because the Internet


Definitions:

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, essential for personal development.

Deindividuation

Deindividuation is a psychological state where individuals lose their sense of self-awareness and personal responsibility in groups, often leading to uncharacteristic behavior.

Self-Awareness

Knowledge of one's own individuality, moods, motivations, and cravings.

Deindividuation

The loss of self-awareness and individual accountability in group settings, leading to uninhibited and sometimes antisocial behavior.

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