A Competitive Action Can Be One of Two Types, Either

question 4

Multiple Choice

A competitive action can be one of two types, either __________ or __________.

• A) aggressive; defensive
• B) quality-based; cost-based
• C) strategic; tactical
• D) market-based; resource-based

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Definitions:

Outgroup Homogeneity

The tendency to view members of an outgroup as more similar to one another than members of one's own group (ingroup).

Wealthy People

Individuals possessing a significant amount of capital, assets, or resources, well above the financial average of the general population.

Ill-Gotten Gains

Profits or benefits acquired dishonestly or through unethical means.

Just-World Phenomenon

A cognitive bias that leads individuals to believe that the world is inherently fair, leading them to rationalize an unwarranted, good or bad situation as deserving.