Which Theory Best Explains a Toy Company That Has Manufacturing

question 149

Multiple Choice

Which theory best explains a toy company that has manufacturing centres in China,India,and Guatemala,but a business base in the United States and Canada?

• A) dependency theory
• B) world systems theory
• C) modernization theory
• D) new international division of labour theory

Understand how to effectively use group dynamics in decision-making.

Comprehend the limitations of human cognition in decision and judgment making.

Define and understand the concept of creativity in both individual and team contexts.

Understand the key distinctions between classical and behavioral decision models.

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Definitions:

Availability Heuristic

A cognitive shortcut based on the first examples that pop up in one's thoughts when contemplating a particular subject, idea, strategy, or choice.

Explicit Bias

Refers to the attitudes and beliefs we have about a person or group on a conscious level.

Ingroup Bias

The tendency to favor and extend loyalty to members of one's own group over those of other groups.

Ingroup Bias

The tendency for people to give preferential treatment to others they perceive to be members of their own groups.