All of the Following Events and Trends Are Among the Four

question 33

Multiple Choice

All of the following events and trends are among the four major trends described in the chapter as having a major impact or effect on global business EXCEPT:

• A)the trend toward the acceptance of the free market system among developing countries in Latin America,Asia,and Eastern Europe.
• B)the rapid growth of the World Trade Organization and regional free trade areas such as NAFTA and the European Union.
• C)the burgeoning impact of the Internet and other global media on the dissolution of national borders.
• D)the trend toward decreasing OPEC profits as oil reserves decline in the 21^st century.
• E)the mandate to properly manage the resources and global environment for the generations to come.

Identify the role and influence of reference groups on individual behaviors and preferences.

Grasp the concept of the "small world problem" and the importance of networks in social connections.

Understand common attribution errors and how they affect our perception of others.

Learn about the spontaneous and formal ways social networks form and their impact on social mobility and opportunities.

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Definitions:

Negotiation Tactic

Strategies or techniques used to influence or persuade others during discussions aimed at reaching an agreement.

Listening

The active process of receiving, comprehending, and responding to spoken or non-verbal messages.

Recommended

Suggested or advised as a course of action or to be suitable based on certain qualifications or conditions.

Counting To Ten

A technique used to promote calmness and emotional control by pausing and counting slowly to ten before reacting.