Based on the Text, Many Companies Are Interested in Expanding

question 17

Multiple Choice

Based on the text, many companies are interested in expanding globally in order to

• A) gain access to supplies, new markets, and lower labor costs.
• B) gain access to natural resources, new markets, and a diverse workforce.
• C) implement tariffs and import quotas.
• D) utilize export embargoes to increase business.
• E) increase the diversity and creativity of their workforce.

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Definitions:

Social-cognitive

pertaining to the use of cognitive processes in understanding social interactions, including the assimilation of social norms and the understanding of other individuals' behaviors.

Reciprocal Determinism

A concept in psychology suggesting that an individual's behavior is both influenced by and influences their personal factors and the environment.

Academic Performance

The extent to which a student, teacher, or institution has achieved their short or long-term educational goals.

Academic Inferiority

A feeling of not being as good as others academically, often resulting from constant comparison and competition.