Examlex
According to the text,what are the two major functions of a business firm?
Egocentrism
A lack of ability to separate one's personal perspective from the perspective of others.
Centration
A cognitive limitation in early childhood where the child focuses on one aspect of a situation, neglecting other important features.
Static Reasoning
A cognitive understanding that things do not change, mistakenly assuming that the world is always in the same state as it is currently observed.
Preoperational Thought
Preoperational thought is a stage in Piaget's theory of cognitive development where children ages 2 to 7 have not yet developed the ability to think logically.
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