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Acquisition of an existing firm rather than via internal development may be the least risky and cost-efficient means of overcoming entry barriers such as
Anxiety
A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a concern about future events.
Behaviourist
A psychologist who studies behavioral responses in individuals, often emphasizing the effects of external stimuli over internal psychological processes.
Maze Learning
A process of acquiring knowledge or skill in which an individual learns to complete a maze, often used as a test in psychological experiments on learning and memory.
Behaviourist View
A perspective in psychology that focuses on observable behaviors and regards any internal thought processes as ultimately unimportant or irrelevant.
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