Fidelity Manufacturing Is Considering Expanding Its Operations into the Phillipines

question 49

Multiple Choice

Fidelity Manufacturing is considering expanding its operations into the Phillipines. A manager at Fidelity has the task of predicting political risk in the Phillipines. Which of the following approaches should the manager LEAST use to accomplish the task?

• A) analyzing the market share of competitors in the country
• B) analyzing the country's past political patterns and trends
• C) seeking and analyzing opinions of influential people in the country
• D) examining social and economic conditions within the country

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Definitions:

Lev Vygotsky

A Russian psychologist known for his work on cognitive development, particularly the social-cultural theory which emphasizes the role of social interaction in learning.

Higher Levels

A term that may refer to advanced stages or degrees of understanding, consciousness, or development in various contexts.

Preoperational Stage

A stage in Piaget’s theory of cognitive development, occurring from about 2 to 7 years of age, during which children learn through pretend play but struggle with logic and understanding others' perspectives.

Egocentrism

A cognitive bias that leads individuals to view the world solely from their own perspective, often accompanied by a lack of empathy for others' views or feelings.