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Teresa is trying to understand her customers better. She is examining the external influences that shape her customers' self-concepts and lifestyles. Which of the following is a possible external influence Teresa could examine?
Economic Downturn
A period when economic performance declines, marked by falling GDP, rising unemployment, and reduced consumer spending.
Cultural Adaptation
The process by which individuals or groups modify their behaviors, practices, and beliefs to align with the cultural norms of a new environment.
Cultural Artifact
A physical item or piece of information created by people that reflects the customs, beliefs, and practices of a culture or society.
Degeneration
The process of declining from a higher to a lower level of effective power, vitality, quality, or value.
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