The Process of Spontaneously Changing Your Behavior to Match That

question 314

Multiple Choice

The process of spontaneously changing your behavior to match that of others in a group is called

• A)norming.
• B)compliance.
• C)conformity.
• D)obedience.

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Definitions:

Financial Forecast

Projections of a company's future revenue, expenses, and profitability, used to estimate economic performance and plan business strategies.

Formal Business Plan

A detailed document that outlines a company's objectives, strategies, market analysis, financial forecasts, and management structure required for starting and running the business.

Financial Section

A segment of a business plan or report that covers the financial explanations, projections, and the fiscal health of a company.

Business Concept

An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors.