What is ethnocentrism?
What will be an ideal response?
Ethnocentrism is the belief that one's ethnic group is more normal than others are. It is an emotional source of prejudice because of people's gut-level feelings about how right their group is-and, in turn, how wrong they think other groups are.
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Personalized form letters are a fast and efficient means to send frequently recurring messages that will likely result in a neutral or favorable reaction from the receiver
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In a given experiment, the probabilities of all mutually exclusive events sum to one
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Product differentiation by incumbents act as an entry barrier because
A. new entrants cannot differentiate their products. B. incumbents will take legal action if new entrants do not differentiate their products. C. new entrants will have to spend heavily to overcome existing customer loyalties. D. it helps a firm to derive greater economies of scale.
The basic feasible solution in the initial simplex tableau is the origin where all decision variables equal zero
Indicate whether this statement is true or false.