Firms Such as WalMart and McDonald's Have a Low Level

question 12

True/False

Firms such as WalMart and McDonald's have a low level of bargaining power over their suppliers.

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Definitions:

"Robber's Cave" Experiment

A classic social psychology experiment by Muzafer Sherif that studied intergroup conflict and cooperation by observing boys at a summer camp divided into competing groups.

Subordinate Goals

Objectives or goals that require the cooperative efforts of two or more people or groups to achieve, which can help to reduce conflict.

Equal Status Contact

Contact between groups in which the groups have equal status with neither group having power over the other.

"Jigsaw Classrooms"

An educational approach designed to minimize racial conflict among school children by encouraging students to depend on each other to succeed in classroom tasks.