Industry Boundaries Are Blurring at an Incredible Rate as Companies

question 15

Multiple Choice

Industry boundaries are blurring at an incredible rate as companies are recognizing that new opportunities lie at the intersection of two or more industries this is called

• A) customization.
• B) industry convergence.
• C) heightened competition.
• D) globalization.
• E) acquisition.

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Definitions:

Cured

Completely remedied or healed from a disease or condition.

Internal Locus

The belief that one has control over life events and outcomes, as opposed to external forces having that control.

Self-serving Bias

The tendency to attribute positive events to one's own character but attribute negative events to external factors.

Unconditional Regard

A concept in psychology that refers to accepting and supporting someone regardless of what they say or do, typically used in the context of therapeutic relationships.