The social comparison process, as delineated by Festinger, postulates that individuals have the need to evaluate themselves and to assess their relative standing within ______.

*a. groups
b. societies
c. family
d. organizations


*a. groups

Business

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According to Porter it is recommended to adopt only one of the three generic strategies.

Answer the following statement true (T) or false (F)

Business

Some governments, particularly in advanced countries, do not encourage foreign competition

Indicate whether the statement is true or false

Business

Gatekeepers have formal or informal power to select or approve the final suppliers

Indicate whether the statement is true or false

Business

The contribution margin ratio is the percent by which the margin of safety exceeds the break-even point.

Answer the following statement true (T) or false (F)

Business