A Change in Direction in Response to a Small Failure

question 71

Multiple Choice

A change in direction in response to a small failure is called a ______.

• A)failure
• B)pivot
• C)termination
• D)retrenchment

---

Definitions:

Compounded Monthly

Interest calculated on the principal sum and also on the accumulated interest of previous periods of a deposit or loan, compounded every month.

Equal Payments

Payments that are the same in amount, typically referring to installments paid over a certain period of time.

Outstanding Balance

the amount of money that is still owed or remains unpaid on a loan, credit card, or another financial obligation.

Combined Equivalent

A combined or total equivalent that incorporates various elements or aspects to express a singular value or concept.