Complete the Following Using These Terms

question 146

Multiple Choice

Complete the following using these terms.
-The ability to perceive future marketplace needs and what an organization can do to satisfy them is referred to as _____.

• A)outsourcing
• B)Diversity
• C)entrepreneur
• D)Competitive differentiation
• E)strategic alliance
• F)Capital
• G)vision
• H)factors of production
• I)brand
• J)Relationship management
• K)Not-for-profit organizations
• L)Business ethics

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Definitions:

Post-Decisional Conflict

The dissonance associated with behaving in a counter-attitudinal way. Dissonance can be reduced by bringing the attitude into line with the behaviour.

Lotto Tickets

Paper or electronic slips purchased to participate in a lottery, offering a chance to win various prizes based on randomly drawn numbers.

Cognitive Dissonance

Cognitive dissonance refers to the mental discomfort experienced by an individual who holds contradictory beliefs, attitudes, or values, leading them to seek consistency.

Cognitions

The mental processes involved in acquiring knowledge and understanding through thought, experience, and the senses.