When Developing an Exit Strategy for a Current Business, It

question 94

True/False

When developing an exit strategy for a current business, it is important to rely on research and analysis and avoid following instincts.

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Definitions:

Decision Avoidance

The phenomenon where an individual or group deliberately chooses not to make a decision, often to avoid responsibility or negative outcomes.

Certainty Effect

The tendency for people to overweight outcomes that are certain relative to outcomes that are merely probable.

Entity Theorists

Individuals who believe traits and abilities are fixed and unchangeable.

Incremental Theorists

People who believe that abilities and intelligence can grow and change through effort and experience.