Global Competition Is Placing New Emphasis on Some Basic Tenets

question 27

Multiple Choice

Global competition is placing new emphasis on some basic tenets of business. All of the following represent the major trends EXCEPT:

• A) longer product life cycles.
• B) importance of quality.
• C) competitive prices.
• D) innovative products.
• E) shift of power from sellers' to customers' market.

---

Definitions:

Psychological Diagnosis

A process by which a psychologist or psychiatrist evaluates an individual's mental health condition based on symptoms, behaviors, and psychological tests.

Physical Diagnosis

The process of determining a disease or condition through physical examination and medical history, rather than diagnostic tests.

Borderline Personality Disorder

is a mental health disorder characterized by unstable moods, behavior, and relationships, often resulting from early relationships and experiences.

Dependent Personality Disorder

A mental health condition characterized by a pervasive and excessive need to be taken care of, leading to submissive and clinging behavior.