Examlex
The following are characteristics of a public conglomerate:
I. they are designed to operate various divisions for the long run.
II. has an internal capital market where each division competes for funds.
III. a hierarchy of corporate staff evaluates divisions' plans and performance.
IV. divisional managers' compensation depends mostly on earnings of their respective divisions.
Social Facilitation
The tendency for people to perform differently when in the presence of others, usually performing better on well-practiced tasks.
Arousal
A physiological and psychological state of being awake or reactive to stimuli, often involved in motivation and performance.
Novel Stimuli
New or unfamiliar stimuli that have not been previously experienced, often triggering curiosity or exploration.
Free Riding
Benefiting from resources, goods, or services without contributing to the cost or effort involved.
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