Which One of the Following Is Included in the Firm's

question 48

Multiple Choice

Which one of the following is included in the firm's societal environment?

• A) competitors
• B) economic forces
• C) resources
• D) governments
• E) special interest groups

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Definitions:

Government Bureaucrats

Individuals employed within government agencies or departments, responsible for the implementation and management of policy and regulations.

Just-World Phenomenon

The cognitive bias to believe that the world is fundamentally fair, leading individuals to rationalize an otherwise inexplicable injustice as deserved by the victim.

Just-World Phenomenon

The cognitive bias to believe that the world is just and people get what they deserve, leading to a tendency to blame victims for their misfortune.

Other-Race Effect

A phenomenon in which individuals are better at recognizing faces of their own race than those of other races.