Developing a Broad Vision of a Market Is the First

question 10

True/False

Developing a broad vision of a market is the first step in understanding market demand.

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Definitions:

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Stereotyping

The act of categorizing individuals into specific groups based on generalized traits, without acknowledging individual differences.

Blaming The Victim

A phenomenon where the victim of a crime or any wrong is held entirely or partially at fault for the harm that befell them.

Group Polarization

The phenomenon whereby a group’s prevailing attitudes or beliefs become stronger or more extreme following group discussions.