Conformity to Group Norms Can Occur for All of the Following

question 8

Multiple Choice

Conformity to group norms can occur for all of the following reasons,except:

• A)They want to obtain rewards
• B)They want to imitate group members whom they like and admire
• C)They have internalized the norm and believe it is the right and proper way to behave
• D)They don't care what others think
• E)They want to avoid punishments

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Definitions:

Four-Firm Concentration Ratio

The four-firm concentration ratio is a measure of market concentration, calculated by the combined market share of the four largest firms within an industry, indicating the level of competition.

Herfindahl Index

A measure of market concentration used to evaluate the level of competition within an industry.

Market Shares

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales.

Herfindahl Index

A measure of the concentration and competitiveness of an industry, calculated by summing the squares of the market shares of each firm within the industry.