Examlex
The FIFO method assumes that costs for the most recently purchased items are recovered first.
Peer Influence
The effect that the attitudes, values, and behaviors of peers have on an individual's own attitudes, values, and behaviors, playing a crucial role in personal development and decision-making.
Reactance Theory
A psychological principle suggesting that people have an aversive reaction to restrictions on their personal freedoms, leading them to resist or do the opposite.
Social Learning Theory
A theory of learning and social behavior which proposes that new behaviors can be acquired by observing and imitating others.
Cognitive Dissonance Theory
A theory proposing that people have a motivational drive to reduce dissonance by changing their attitudes, beliefs, or behaviors, or by rationalizing or justifying them.
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