As a Market-Follower Strategy, an Adapter Takes the Leader's Products

question 35

True/False

As a market-follower strategy, an adapter takes the leader's products and adapts or improves them.

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Definitions:

Learned Helplessness Model

A theory that suggests individuals can learn to feel helpless and passive in the face of uncontrollable events, leading to negative outcomes such as depression.

Depression

A mood disorder causing a persistent feeling of sadness and loss of interest, affecting one’s daily functioning.

Serotonin

A neurotransmitter in the brain that plays a key role in stabilizing mood, feelings of well-being, and happiness.

Learned Helplessness

A condition in which an individual becomes passive and unable to act to avoid adverse situations due to previous experiences of being unable to control the outcome.