According to the Textbook, Which Is the Proper Sequence of Events

question 54

Multiple Choice

According to the textbook, which is the proper sequence of events in developing successful business ideas?

• A) opportunity recognition, feasibility analysis, development of a business plan
• B) feasibility analysis, opportunity recognition, development of a business plan
• C) development of a business plan, opportunity recognition, feasibility analysis
• D) feasibility analysis, development of a business plan, opportunity recognition
• E) development of a business plan, feasibility analysis, opportunity recognition

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Definitions:

Shaping Behavior

A method of positive reinforcement of behaviors that are successively closer to the desired behavior, used in behavior modification programs.

Positive Reinforcers

Stimuli that, when introduced following a behavior, increase the likelihood of that behavior being repeated in the future.

Psychologists

Professionals specialized in the study of the mind and behavior, working in various fields such as clinical, counseling, educational, and research settings.

Discriminate

To differentiate or make a distinction in treatment or preference often based on prejudicial grounds.