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Define Commercialization

question 62

Essay

Define commercialization. Explain two important decisions the company must make during this stage.


Definitions:

Group's Power

The collective capacity of a group to influence, control, or direct individuals or outcomes based on group cohesion, size, and resources.

Stanley Milgram

A psychologist best known for his controversial experiments in the 1960s on obedience, which highlighted the power of authority figures to compel individuals to perform actions against their personal conscience.

Normal People

An imprecise term often used to describe individuals who conform to societal norms or average standards in behavior, appearance, or ability.

Social Psychologists

Scientists who study how people’s thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

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