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One of the Dangers of Remaining a Local Competitor Is

question 111

True/False

One of the dangers of remaining a local competitor is that more aggressive companies will use their global growth to capture economies of scale and learning.


Definitions:

Intrinsic Motivation

The drive to engage in activities for their intrinsic satisfaction rather than for some separable consequence.

Maslow's Hierarchy of Needs

A psychological theory that categorizes human needs into five levels, from basic physiological needs to self-actualization.

Motivated

Motivated describes the psychological force that drives an individual to take action towards a desired goal, influenced by factors such as personal interest, reward, or obligation.

Self-Actualization

The realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.

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