Which of the Following Is Not a Key to a Successful

question 8

Multiple Choice

Which of the following is not a key to a successful financial plan?

• A)A specific statement is made indicating whether the goals are doable and the current household course is financially consistent with those goals.
• B)Steps have been taken to help with any human shortcomings and nonfinancial goals are given.
• C)Before completing the plan,a review process has been undertaken that confirms that the financial figures and recommendations make sense and are attainable,given the personalities of the individuals.
• D)None of the above are key to a successful financial plan.
• E)All of the above are key to a successful financial plan.

Understand the concept of escalating commitment and its implications in decision-making.

Realize the significance of involving necessary stakeholders in the decision-making process.

Learn about the three-component model of creativity in organizations.

Understand the concept of opportunity cost and how it can be visualized on a production possibilities frontier (PPF).

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Definitions:

Discrimination

Unjustifiable negative behavior toward a group and its members.

Spontaneous Recovery

Spontaneous recovery is the reappearance of a conditioned response after a pause or period of apparent extinction.

Observational Learning

The process of learning behaviors by watching and imitating others.

Sexual Arousal

A physiological and psychological state of being awakened to sexual desire, often characterized by increased blood flow to the genitals, elevated heart rate, and, in many cases, a desire for sexual activity.