Based on the Business You Selected to Start in Skill-Development

question 29

Not Answered

Based on the business you selected to start in Skill-Development Exercise 1, what would be some of your strengths and weaknesses, opportunities and threats, compared to your competitors?

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Definitions:

Self-Serving Bias

A common cognitive bias where individuals attribute their successes to internal factors while blaming external factors for their failures.

Cognitive Component

Refers to the beliefs, thoughts, and knowledge that influence how an individual understands and interacts with the world.

Affective Component

Pertains to the emotional aspect of attitudes, reflecting feelings or emotions related to an object, person, or event.

Behavioural Component

The aspects of psychology related to the actions or reactions of individuals usually in response to external stimuli.