A Person Wants to Start a Business to Capitalize on an Idea

question 19

Multiple Choice

A person wants to start a business to capitalize on an idea she has. She begins to gather information about possible customers,existing competitors,government regulations,etc.because she wants to see if her idea for a business makes sense. This is known as

• A) feasibility analysis.
• B) government analysis.
• C) focus group analysis.
• D) confirmation bias.
• E) moderate analysis.

---

Definitions:

Performance

The action or process of carrying out or accomplishing an action, task, or function.

Motivation Theories

Frameworks and models designed to understand what drives individuals to initiate, direct, and persist in specific behaviors.

Organisational Behaviour Modification

A theory and practice focusing on applying psychological principles of behavior change within organizational settings to improve employee performance and wellbeing.

Negative Reinforcement

A behavioral concept wherein the removal of an unpleasant stimulus strengthens a particular behavior.