Answer:
d) Overconfidence
Explanation:
What is Overconfidence?
This occurs when your subjective confidence in your own ability exceeds that of your objective or actual performance.
This is when someone overestimate their abilities to do things , they believe they can do more than they can in reality .
Some people become overconfident because they have been told that they are the best at something, some are just driven by their ego .
Ralph will "focus on the social advantages to smoking".
According to cognitive dissonance theory, there is an inclination for people to look for consistency among their perceptions (i.e., convictions, assessments). At the point when there is an irregularity between attitudes or practices, something must change to dispense with the dissonance. On account of an error amongst states of mind and conduct, it is doubtlessly that the disposition will change to oblige the conduct.
Answer:
skimming pricing strategy
Explanation:
Skimming pricing strategy -
It is a the pricing strategy , where the company or any business keeps the price of any product high , and with time reduces the price of the product , is referred to as skimming pricing strategy .
In the initial stage as the product is launched in the market , the demand for the product is higher , and therefore , the company ask for higher price ,
But ,
As the time passes , the demand for the product reduces , and hence to maintain the profit margin , the company reduces the price of the product .
Hence , from the given information of the question ,
The correct answer is skimming pricing strategy .
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