Stage Theories of Development Assume That ​

question 199

Multiple Choice

Stage theories of development assume that ​

• A)individuals progress through specified stages in a particular order because each stage builds on the previous stage.
• B)environmental circumstances can sometimes cause individuals to skip stages early on and return to them later.
• C)progress through the sequence of stages is not related to age.
• D)there are few, if any, discontinuities in development.

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Definitions:

Bottom-Up Planning

A planning approach where strategies and goals are defined at lower levels of the organization before being aggregated to define overall corporate strategies.

Top-Down Planning

Business planning based on a set of goals forced on the organization by senior management. Top-down planning has a tendency to lead to excessively optimistic plans.

Conservative

An investment strategy or approach that prioritizes preservation of capital and moderate growth, typically with lower risk.

Financial Plan

A comprehensive evaluation of an individual's or organization's current and future financial state by using current known variables.