A New Small Business, Underwater Wildlife, Has Opened to Sell

question 153

Multiple Choice

A new small business, Underwater Wildlife, has opened to sell tours of underwater sites around the country and in South America. However, money has to be paid up front by the Underwater staff to book hotels and other travel arrangements before its clients have paid for the tours. That means Underwater is facing a potential

• A) insurance difficulty.
• B) cash-flow problem.
• C) inventory-flow problem.
• D) business plan crunch.
• E) employee expansion task.

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Definitions:

Subcortical Brain Activity

Neural processes happening below the cerebral cortex involved in basic life functions, emotions, and reactions.

Selye Calls Hassles

Minor everyday stressors or annoyances as identified by Hans Selye in his research on stress.

Dweck's Concept

Refers to Carol Dweck's theory of mindset, suggesting that individuals can be categorized based on their beliefs about where ability comes from, including fixed and growth mindsets.

Locus Of Control

A psychological concept referring to an individual's belief about the extent to which their actions can influence the events that affect them.