Examlex
In the context of product considerations in pricing, a(n) _____ is an approach to pricing in which a seller charges a relatively low price on a new product and is used when demand for the product is, at least in the short run, price elastic.
Locus of Control
A psychological concept that refers to how strongly individuals believe they have control over the situations and experiences that affect their lives.
Internals and Externals
A concept in psychology contrasting people who attribute outcomes to their own control (internals) versus those who attribute outcomes to external sources (externals).
Personal Achievement
A feeling of pride and satisfaction that comes from achieving personal goals, regardless of the recognition received from others.
Psychotherapy
A therapeutic treatment involving psychological methods, particularly when based on regular personal interaction, to help a person change behavior and overcome problems in desired ways.
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