Acts or Objects That Are Socially Accepted as Standing for Something

question 115

Multiple Choice

Acts or objects that are socially accepted as standing for something else are called

• A) norms.
• B) symbols.
• C) values.
• D) signs.

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Definitions:

Strategy

A plan of action designed to achieve a long-term or overall aim, often involving resource allocation in competitive environments.

Market Niche

A specific segment of the market that a company targets with its products or services, often characterized by unique preferences or needs.

Competitive Advantage

The attributes or capabilities that allow an organization to outperform its competitors.

Safety Nets

Programs or mechanisms designed to provide a minimum level of security, income, or assistance to individuals or communities in need.