Multinational Companies Confronted by Global Competition for Expanding Markets Are

question 16

True/False

Multinational companies confronted by global competition for expanding markets are changing their strategies and altering their organizational structures.

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Definitions:

Familiarity Breeds

A phrase that highlights how extensive knowledge or close association with something or someone can lead to a loss of respect or interest, commonly referred to as "familiarity breeds contempt."

Liking

A positive emotional response or preference for someone or something.

Charles Darwin

A British naturalist renowned for his theory of evolution and the process of natural selection.

Leon Festinger

A psychologist known for his theory of cognitive dissonance, which suggests that people experience discomfort when they hold contradictory beliefs, leading them to change their attitudes or behaviors.