A US Company Is Attempting to Cut Costs by Shifting Some

question 69

Multiple Choice

A U.S. company is attempting to cut costs by shifting some of its services to Thailand. This process of shifting production of products or services overseas to cut costs often results in

• A) greater potential for market failure for those products and services.
• B) greater economic uncertainty in the market for those products and services.
• C) lower consumer prices on those products or services.
• D) lower production quantities of those products or services.

Understand the core concepts of McCrae and Costa's Five Factor Theory.

Analyze personality traits using McCrae and Costa's Five Factor Theory.

Compare and contrast different theories of personality, including McCrae and Costa's, Bandura's, and Rogers'.

Identify examples of specific personality traits within case study contexts.

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Definitions:

Diversity

All forms of difference among individuals, including culture, gender, age, ability, religion, personality, social status, and sexual orientation.

Uncertainty Avoidance

A cultural dimension that reflects the extent to which members of a society attempt to cope with anxiety by minimizing uncertainty.

Diversity

The inclusion of individuals from various backgrounds, cultures, races, genders, sexual orientations, etc., enriching a community or organization.

Demographic Changes

Refers to the alterations in the composition of a population over time, including-age distribution, birth and death rates, and migration patterns.