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Reactive Firms Do Not Consider Exporting Until Their Domestic Market

question 72

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Reactive firms do not consider exporting until their domestic market is saturated.

Understand how post-decisional justification and escalation of commitment can impact decision outcomes.
Recognize the importance of systematically evaluating alternatives to minimize biases and satisficing behavior.
Learn about the role of heuristic biases in decision-making and strategies to overcome them.
Understand how emotions and intuition influence decision making.

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