Which of the Following Is Not a Specialisation Market Intermediaries

question 43

Multiple Choice

Which of the following is not a specialisation market intermediaries bring?

• A)External cultural understanding
• B)Detailed information about the competitive conditions in certain markets
• C)Evaluation of credit risk
• D)Personal contacts with potential buyers abroad

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Definitions:

Orders

Directions or instructions that dictate a specific action or response to be taken.

Influencing Conformity

The process by which individuals adjust their behaviors, attitudes, or beliefs to match those of a group or to meet group standards.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered normal or standard in a specific social group.

Asch

Refers to Solomon Asch, the psychologist famous for his research on conformity, including his experiment demonstrating how group pressure can lead individuals to conform to an incorrect answer.