If a Company Recognizes an Opportunity for Producing Something That

question 20

True/False

If a company recognizes an opportunity for producing something that customers will value, it should supplement its product line, especially if it can make the new products better than competitors.

---

Definitions:

Group Inequalities

Disparities between different social groups in access to resources, opportunities, and rights, often rooted in historical, economic, or social factors.

Conflict Theory

A theoretical framework that views social life as a competition, focusing on the conflicts between different social classes or groups for resources and power.

Group Conformity

The act of matching attitudes, beliefs, and behaviors to what individuals perceive as normal to their group.

In-Group Boundaries

The perceived lines that define the membership of a particular group, distinguishing insiders from outsiders.