As an Alternative to Research,industries Where Bringing a Product to Market

question 55

True/False

As an alternative to research,industries where bringing a product to market is extremely expensive (for example,high technology or pharmaceuticals)tend to adapt the imitation strategy.

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Definitions:

Diffusion Of Responsibility

A sociopsychological phenomenon where individuals in a group are less likely to take action or feel a sense of responsibility in the presence of others.

Ingroup Bias

The tendency to favor and extend loyalty to one's own group over others, often leading to prejudice and discrimination.

Epileptic Seizure

A sudden surge of electrical activity in the brain causing changes in behavior, movements, feelings, or levels of consciousness, associated with epilepsy.

Bystander Effect

The tendency in social psychology for individuals to be less willing to provide aid to someone in distress if other people are also present.