Which of the Following Are the Three Characteristics of Group

question 24

Multiple Choice

Which of the following are the three characteristics of group structure?

• A) Similarity, roles and social identity.
• B) Norms, social identity, and cohesion.
• C) Interdependence, interaction, and similarity.
• D) Norms, roles, and status.

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Definitions:

Antitrust Laws

Regulations established by governments to prevent large businesses from monopolizing certain markets, ensuring fair competition.

Industry Structure

The characteristics and organization of an industry, including the number and size of companies, entry barriers, and level of competition.

Herfindahl Index

An economic measure of market concentration that sums the squares of the market shares of all firms within the industry.

Conglomerate Merger

A union of companies engaged in entirely different businesses, often to diversify portfolio risks and leverage managerial expertise across industries.