Answer:
The correct answer is letter "C": People place a higher value on a good if they own it than they do if they are considering buying it.
Explanation:
The Endowment Effect reflects a situation in which people value an object more because they own it. The value they would give the object if they did not have it and were going to purchase it would be lower. This scenario takes place when people give a higher value to their objects because of emotional attachment.
It’s marketing started from the ground up. You target a small group of people instead of launching to many people and hope that the smaller group will spread it to other people. Hope this helps.
No, Geico offers free towing for customers who have the company’s roadside assistance coverage
Answer: unfreezing
Explanation:
The unfreezing stage of Lewis change process is being regarded as the first stage of change, and in this stage, an organization is being prepared and accept that change is inevitable and necessary and that existing status quo should also be broken.
This is illustrated in what Mr. Henshaw, CEO of MBA Bank did, by deciding that the organization needs to provide more convenient service to customers.
When your doing an interview never ask how much money do you make that will make them think that your there just for the money and not the job
