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The order (functionalist) perspective developed largely from the theories of:
Low Risk
Investments or activities characterized by a minimal likelihood of losing financial or physical assets.
High Deductible
A health insurance policy with a higher out-of-pocket cost before coverage begins, often resulting in lower premiums.
Expensive Business Suit
High-quality, typically high-priced attire intended for formal business environments, often signifying professionalism and status.
Signaling Mechanism
A method through which information is conveyed or made known indirectly, especially in markets where information asymmetry exists.
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