Foreign Travel Can Help in Identifying Global Business Opportunities

question 56

True/False

Foreign travel can help in identifying global business opportunities.

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Definitions:

External Threat

A danger originating outside an organization or individual, potentially causing harm or disruption.

Group Polarization

A pattern in group discussions in which each member’s attitudes become more extreme, even though the discussion draws attention to arguments that could have moderated their views.

More Extreme

Tendency of group discussions to amplify the initial inclinations of group members, leading to a shift towards more extreme views in the collective decision.

Cohesive Groups

Groups that are unified with strong bonds and high levels of motivation due to the members' similarities, interactions, and shared goals.