Dave Is a Research Analyst at Geo Corp

question 14

Multiple Choice

Dave is a research analyst at Geo Corp., a U.S.-based firm, specializing in organic farm produce. Since the management is considering entering a foreign market, Dave begins to study the risks associated with this move. After gathering sufficient data regarding the internal factors of the new market, he categorizes the risks based on the type. Which of the following is most likely to be considered a political risk?

• A)Marketers of Geo standardizing products based on local market needs
• B)Distribution costs being higher in the market than that in the United States
• C)Laws prohibiting foreign ownership of local firms in the new market
• D)Consumers preferring local goods to foreign products in the new market

Grasp the key findings and implications of Solomon Asch's experiments on conformity.

Comprehend Stanley Milgram's research on obedience and its significance in understanding authority's role in shaping behavior.

Understand the effects of normative social influence on behavior and decision-making.

Recognize the factors that contribute to conformity and how individual and group norms influence personal actions.

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Definitions:

Formal

A style or tone used in communication that is conventional or ceremonious, often used in professional or official contexts.

Pronouns

Words used to substitute for nouns (e.g., he, she, they, it), often to avoid repetition and emphasize a subject or object without naming it.

Transitions

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Introduction

The opening section of a document or speech, aimed at providing an overview or background to the main content.