For Each Definition, Select the Term That Best Fits

question 57

Multiple Choice

For each definition, select the term that best fits.
-A section of the business plan that describes the user benefits of the product or service and the type of market that exists

• A)business model
• B)business model risk
• C)business plan
• D)comprehensive plan
• E)cost structures
• F)critical risks
• G)executive summary
• H)exit strategy
• I)feasibility analysis
• J)financial plan
• K)management team
• L)marketing plan
• M)maximum investment
• N)offering
• O)operations and development plan
• P)product/service plan
• Q)pro forma statements
• R)revenue model
• S)short plan

Understand the ethical considerations and criticisms in the study of behavior.

Understand the basic principles of operant conditioning and its application.

Differentiate between various types of learning, including classical conditioning, operant conditioning, observational learning, and imitation.

Identify examples of operant conditioning in everyday scenarios.

---

Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of goods produced.

Straight-Line Depreciation

An approach to apportion the cost of a tangible asset throughout its operational life in equal yearly sums.

Net Present Value

A financial calculation used to determine the value of a series of future cash flows by discounting them back to their value in today's dollars.

Required Rate Of Return

The minimum annual percentage earned by an investment that will induce individuals or companies to put their money into a particular security or project.