Two Types of Competitive Pressure That Affect the Ability of Multinational

question 52

True/False

Two types of competitive pressure that affect the ability of multinational enterprises to compete in the global marketplace are pressure for cost reductions and pressure for local responsiveness.

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Definitions:

Ethological Perspective

A viewpoint in psychology that emphasizes the biological and evolutionary basis for behavior, focusing on how behavior adapts and evolves in natural contexts.

Cognitive Equilibrium

A state of mental balance in which a person's existing knowledge, beliefs, and skills are consistent with their experiences and information from the environment.

Schemas

Mental frameworks that help individuals organize and interpret information, influencing cognition and perception.

Vocabulary Spurt

A rapid increase in the number of words a child learns and begins to use, typically occurring in early childhood development.