By Changing Their ________ Environment, Firms Locate Themselves near to or Far

question 11

Multiple Choice

By changing their ________ environment, firms locate themselves near to or far away from natural resources.

• A) economic
• B) task
• C) physical
• D) global
• E) social

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Definitions:

Establishment Stage

The phase in a business or career development during which a foundation is built and stabilized, leading towards growth.

Horns Error

A bias in performance appraisals where a person is judged based on a single negative trait, impacting the overall assessment negatively.

Behaviorally Anchored Rating Scale

is a performance appraisal method that uses specific descriptions of employee behaviors to rate performance on a scale, providing a more objective and concrete evaluation.

Likert Scale

A psychometric scale commonly used in questionnaires to gauge attitudes or responses, where participants indicate their level of agreement with a statement along a linear scale.