Starting a Small Business That May or May Not Succeed

question 100

Multiple Choice

Starting a small business that may or may not succeed is an example of ________ risk.

• A)speculative
• B)pure
• C)commercial
• D)personal
• E)liability

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Definitions:

Collective Tasks

Activities or missions performed by a group working towards a common objective or goal.

Groupthink

A phenomenon that occurs within a group of people, in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Deindividuation

A psychological state where an individual loses self-awareness and a sense of individuality, often leading to disinhibited or antinormative behavior, typically within a group context.

Group Polarization

The phenomenon where a group discussion leads members to adopt more extreme positions and viewpoints than they initially held.