Which of the Following Is a Good Strategy for Small

question 92

Multiple Choice

Which of the following is a good strategy for small businesses?

• A) Starting service businesses
• B) Choosing industries that require more resources
• C) Starting manufacturing rather than retailing businesses
• D) Avoiding retailing industries
• E) Choosing markets that require high investment costs

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Definitions:

Internal Attributions

The process of explaining one's own or others' behavior as being caused by internal characteristics, such as personality traits or abilities.

External Attributions

The process of attributing the cause of one's own or others' behaviors to external factors or situations.

Attribution Theory

The view that people are motivated to discover the underlying causes of behavior as part of their effort to make sense of the behavior.

Self-Fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become true.