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Social identity theory proposes that people have emotional reactions to the failure or success of their group because their self-esteem is tied into the performance of the group.
Category Advisor
Vendor that is designated by the business customer as the major supplier to assume responsibility for dealing with all the other vendors for a project and presenting the entire package to the business buyer.
Business Customer
An individual or entity that purchases goods or services for business use, distinct from a consumer buying for personal use.
Major Supplier
A key provider of goods or services to a company, often crucial for the business's operations and success due to the volume or critical nature of the items supplied.
Product Life Cycle
The sequence of stages that a new product goes through from introduction to growth, maturity, and eventual decline in the marketplace.
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