"This Business Will Create a Caring, Learning Environment for Elementary

question 173

Multiple Choice

"This business will create a caring, learning environment for elementary school children after regular school hours to meet the needs of working parents." This statement answers which of the following issues that should be addressed in a business plan?

• A) How much will the new business cost?
• B) Why is this new business a good idea?
• C) What are Cindy's goals for the business?
• D) What is the nature and mission of the business?
• E) How often will the business advertise?

---

Definitions:

Jnd

The minimum difference in stimulation that a person can detect 50% of the time, also known as the just noticeable difference.

Absolute Threshold

The minimum intensity level of a stimulus required for a person to detect its presence at least half the time.

Proportional Differences

Variations that are relative to the size or significance of the items being compared.

Proportional Differences

Refers to the comparison of ratios or fractions, highlighting the relative difference in size or magnitude between two or more quantities.