The Lower the Level of Economic and Market Development, the Less

question 65

True/False

The lower the level of economic and market development, the less the product needs to be changed to serve the needs and demands of the market.

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Definitions:

Psychosocial Adjustment

The process of adapting to and coping with interpersonal and societal expectations and pressures.

Altruism

Behavior intended to help others out of inner concern and without expectation of external reward; may involve self-denial or self-sacrifice.

Conscientious

A personality trait characterized by being thorough, careful, or vigilant; implies a desire to do a task well.

Risk Taker

An individual who is willing to engage in behaviors that have the potential for significant loss or gain.