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Business Strategies Can Be Reinforced or Undermined by Their Fit

question 16

True/False

Business strategies can be reinforced or undermined by their fit with the firm's
culture.


Definitions:

Normative Social Influence

The influence that leads individuals to conform in order to be accepted and liked by their social group.

Informational Social Influence

A psychological phenomenon where individuals conform to the behavior of others under the belief that these others possess more accurate information, especially in ambiguous situations.

Good Samaritan Parable

A biblical story that teaches the importance of acting with kindness and compassion towards all people, regardless of their status or background.

Time Pressures

Situations where the time available to complete a task or make a decision is limited, often leading to stress or hasty decisions.

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