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The Concept Of Bounded Rationality and Satisficing come from the Work

question 20

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The concept of bounded rationality and satisficing come from the work of

Explain Jung's notions of the collective unconscious and its implications.
Evaluate the relevance of neo-Freudian beliefs in modern marketing.
Discuss the use of trait theory in market segmentation.
Understand the concept of animism in consumer behavior.

Definitions:

Projection

An ego defense mechanism whereby individuals attribute to other people characteristics or impulses they do not wish to acknowledge in themselves.

Defecating

The act of expelling feces from the body's large intestine through the anus.

Ego Ideal

A component of the personality comprising the standards and aspirations for behaviors that one strives to achieve.

Id

in Freudian psychoanalysis, it represents the part of the human psyche that is unconscious and contains the basic drives and instinctual desires.

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