Answer :
a) Population growth and changing demographics are two elements of a firm's sociocultural environment - True
The socio-cultural environment is still dynamic and changing. Its components also differ between community groups. As a result, businesses must monitor these trends and consider their strategic implications.
The socio-cultural environment refers to societal trends and developments in attitudes, behavior, and values. It is inextricably linked to population, lifestyle, culture, tastes, customs, and traditions. These factors are created by the community and are frequently passed down from generation to generation.
b) The set of values, attitudes, and ways of doing things that result from belonging to a certain ethnic, religious, or racial group is called that group's cognitive dissonance - False
The social group is both a source of cognitive dissonance and a means of reducing it. That is, disagreement among members of a group causes dissonance, and subsequent movement toward group consensus alleviates this negative tension.
Three studies were conducted by the authors to demonstrate group-induced dissonance. In the first study, students who were in a group with others who ostensibly disagreed with them felt more dissonance discomfort than those who were in a group with others who agreed.
The second study found that standard moderators of dissonance in previous research lack of choice and opportunity to self-affirm also reduced dissonance discomfort caused by group disagreement. In Study 3, dissonance caused by group disagreement was reduced by a variety of interpersonal strategies for reaching consensus, such as persuading others, changing one's own position, and joining an attitudinal congenial group.
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