What Is the Difference Between "Street Smart" Which Is Knowing

question 18

Multiple Choice

What is the difference between "street smart" which is knowing something because you have done it and "book smart" which is knowing something because you have studied it.

• A) Experience
• B) Personal power
• C) Authority
• D) Intelligence

Recognize the significance of infrastructure in global marketing strategies.

Identify the characteristics and strategies of entering foreign markets.

Analyze the role of cultural, economic, and political factors in global business.

Understand the concept and application of glocalization in global marketing.

---

Definitions:

Fundamental Attribution Error

A cognitive bias where people overemphasize personal traits and underestimate situational factors when explaining others' behaviors.

Self-Serving Bias

A common cognitive bias that causes individuals to attribute their successes to internal factors and their failures to external factors.

Self-Fulfilling Prophecy

A belief or expectation that influences behaviors in a way that causes the belief to become a reality.

Projection

A defense mechanism where an individual ascribes their own unacceptable thoughts, feelings, or motives to another person.