You are stereotyping a person when you make generalizations not based on reality.
Answer the following statement true (T) or false (F)
True
A stereotype is a generalization made about an individual or group and not based on reality. Similar people are often lumped together for ease in categorizing them.
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The organizational decision to purchase production inputs, components, or finished goods from domestic or foreign producers is known as the ________ decision
A) import/export B) NTB C) preferential D) sourcing E) security
A partnership is dissolved when any partner leaves the business or dies
Indicate whether the statement is true or false
A lessee is a party who transfers a right to the possession and use of goods under a lease
Indicate whether the statement is true or false
Which of the following external forces is a part of a firm's task environment?
A. the inflation level in the economy in which the firm operates B. the interest rates prevalent in the economy in which the firm operates C. the recent innovations in process technology, including lean manufacturing D. the composition of the strategic group to which the firm belongs