What Does "VALS" Stand For

question 24

Multiple Choice

What does "VALS" stand for? 

• A) Values and Linkages
• B) Values and Lifestyles
• C) Values and Liabilities
• D) Values and Leverage

Understand the gender differences in labor-force participation and its trends over time.

Understand the causes and development of atherosclerosis and its relationship to coronary heart disease.

Explain the impact of psychological factors, such as stress and personality type, on heart disease and overall health.

Identify the correlations between heart disease, depression, and the Type A personality.

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, often associated with cultural and economic integration.

Competitive Forces

Elements in the external environment that influence an organization's competitive position, including competition, customer power, supplier power, the threat of new entrants, and the threat of substitute products or services.

Porter

Michael Porter, a renowned economist known for his theories on economics, business strategy, and competitive advantage.

Industry

The sector of an economy that is concerned with production and manufacturing of goods, or provision of services.