In a Heuristic Called _________, a Person Determines the Difference

question 52

Multiple Choice

In a heuristic called _________, a person determines the difference between the current situation and the goal and then tries to reduce that difference by various methods.

• A) means-end analysis
• B) availability heuristic
• C) representative heuristic
• D) rule of linked arms

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Definitions:

The Lean Startup

A business approach that advocates for creating and managing startups in a more efficient way by developing products that customers actually want.

Feasibility Study

A review of the viability and prospective achievement of a planned project or system.

Comprehensive Business Plan

A detailed document that outlines a business's objectives, strategies, market analysis, financial projections, and operational requirements.

Angel Funding

Investment in a startup company by affluent individuals, typically in exchange for ownership equity or convertible debt.