Bias for Action Refers To

question 17

Multiple Choice

Bias for action refers to:

• A)targeting noncustomers to create a new market that was previously ignored by the dominant players of the existing market.
• B)a formal statement of a set of business goals.
• C)establishing organizations, either for-profit or nonprofit, whose focus is to implement innovative solutions to societal problems.
• D)the propensity to act or decide without customary analysis or sufficient information.
• E)exploiting a new business opportunity with limited funds.

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Definitions:

Commutes

The daily travel undertaken by individuals to get from their place of residence to their place of work or study and back.

Steamship Technology

The use of steam power for propelling ships, a significant advance in maritime technology that contributed to the Industrial Revolution and global trade expansion.

Migrants

Individuals or groups of people who move from one place to another, often for reasons such as economic opportunities, war, or environmental factors.

American Heartland

Refers to the central geographic region of the United States, often characterized by agricultural productivity, traditional values, and a significant role in shaping American culture and politics.