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Manufacturers Engage in Risk Taking When They Create Goods and Services

question 86

True/False

Manufacturers engage in risk taking when they create goods and services based on research and their belief that consumers need them.


Definitions:

Social Pressure

The influence that is exerted on individuals by others, often leading to conformity or changes in behavior, belief, or attitude.

American Culture

The set of customs, traditions, languages, practices, and values shared by the people of the United States.

Prescriptions

Authorized directions provided by a licensed healthcare practitioner for the preparation and administration of a remedy or treatment.

Proscriptions

Rules or laws that forbid certain actions or behaviors.

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