When Gordon Allport (1954) Described Stereotyping as "The Law of Least

question 130

Multiple Choice

When Gordon Allport (1954) described stereotyping as "the law of least effort," he was suggesting that stereotypes arise __________.

• A) from personal experience
• B) to help us conserve cognitive energy
• C) at the service of the ego
• D) to justify objectionable actions quickly and easily

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Definitions:

Exchange Rate Risk

The potential for loss due to fluctuations in the exchange rates between currencies, affecting companies that engage in international business.

International Operations

Business activities conducted in more than one country, involving cross-border transactions of goods, services, or capital.

International Fisher Effect

An economic theory stating that the difference in nominal interest rates between two countries is proportional to the expected change in the exchange rate between their currencies.

Expected Changes

Expected changes refer to anticipated modifications in conditions or variables, often used in forecasting scenarios in finance or economics.