A defence mechanism would be the Freudian term specified in referring tactics <span>that the ego uses to reduce anxiety by unconsciously distorting reality. In addition, a defence mechanism is one of the necessary psychological methods wherein the body counter-attacks viruses and bacteria invading our body.</span>
<span>Products that customers consider essentials or necessities tend to have less elasticity than products viewed as luxury or discretionary. If a customer believes he needs a certain product for survival, quality of life, or pleasure, he is more likely to stretch a bit to purchase the item if the price goes up. On the contrary, a product viewed as optional is a less likely purchase as the price increases because the customer believes he can live without it.Customer OptionsThe more options a customer has to meet a particular functional or emotional need, the more elastic a product's demand. This is why a company with a monopoly has a huge advantage. Customers don't have options and feel compelled to buy from the given provider. In highly competitive industries, price differentials are usually less among competing brands because of the ability customers have to select lower-priced alternatives. A closely related factor is the cost of switching brands. Cell phone customers often wait to change providers to avoid penalties if they are obligated to service contracts.
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Answer:
B)
Explanation:
A organizations that are referring to spirituality are going to promote benevolence, open-mindedness and especially trust and respect when it comes to their employees and their customers.
- Because of the everything good that they are promoting, they are best known for encouraging others by showing kindness and respect for others, that is why competitiveness is something that will not belong there.
