Examlex
Which of the following shakeout strategies requires a company to limit or decrease its investment in a business and to extract, or milk, the proceeds of its investment as much as it can?
Fundamental Attribution Error
The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of situational factors.
Individualism
A cultural or philosophical outlook that emphasizes the moral worth of the individual and the importance of independence and self-reliance.
Collectivism
A cultural value that emphasizes the importance of groups and collective action over individual achievement or identity.
Actor-Observer Effect
A social psychology phenomenon where people tend to attribute their own actions to situational factors, but others' actions to their personality or character.
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