Examlex
To minimize exposure to political risk, a multinational firm may:
Flawed Decisions
Pertains to decisions that are made based on incorrect information, biases, or errors in judgment, leading to less than optimal outcomes.
Propinquity
Refers to the physical or psychological proximity between people.
Collectivist Society
A society that emphasizes communal goals, cooperation, and the welfare of the group over individual interests.
Tendency to Conform
The inclination of individuals to adjust their thoughts, feelings, or behaviors in agreement with social norms or group standards.
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