According to the Law of Diminishing Returns, the 9^th Person

question 51

Multiple Choice

According to the law of diminishing returns, the 9^th person to offer public agreement with a group's position exerts _______ social influence on individual group members compared to the 3^rd person to agree with the group position.

• A) less
• B) more
• C) the same amount of
• D) None of these; it depends on the nature of the issue being debated.

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Definitions:

Franchise Agreement

A legal contract whereby a franchisor allows a franchisee to use its business model and brand for a specified period in exchange for a fee.

Franchisee

An individual or company that has obtained the rights to use a brand's name, products, and processes to sell goods or services.

Direct Investment

The purchase of a substantial stake in a foreign company or the establishment of business operations in a foreign country, such as a factory or other facility.

Greatest Potential Risk

Refers to the highest level of uncertainty or danger that could impact the success or existence of a project or investment.