What Are the Three Stages of Mead's Theory of Socialization

question 97

Short Answer

What are the three stages of Mead's theory of socialization?

---

Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of output in a business, such as materials and labor costs.

Break-Even Point

The point at which total cost and total revenue are equal, meaning that the business makes neither a profit nor a loss.

Total Sales Revenue

The overall income generated from goods and services sold by a company before any costs or expenses are deducted.

Organizational Response

How a company or organization reacts to external or internal events, challenges, or stimuli, often involving strategic decisions or changes.