Porsche Has Enhanced Power Over Buyers Because Its Strong Reputation

question 11

Multiple Choice

Porsche has enhanced power over buyers because its strong reputation makes buyers more willing to pay a premium price.This ________ rivalry,since buyers become ________ price-sensitive.

• A) increases; more
• B) lessens; more
• C) lessens; less
• D) increases; less

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Definitions:

Self-Preservation

The instinct to protect one's self from harm or destruction, a fundamental aspect of an individual's behavior and decision-making.

Perseveration

The persistent repetition of a particular response, such as a word, phrase, or gesture, regardless of the absence or cessation of a stimulus.

Organismic Valuing Process

A concept in humanistic psychology referring to an individual's inner resource for self-evaluation and growth.

Actualization

The realization or fulfillment of one's talents and potentialities, often considered a fundamental human motive.