Does It Make Sense? Is It Reasonable? Is It Something

question 74

Multiple Choice

Does it make sense? Is it reasonable? Is it something consumers will get excited about? Does it take advantage of an environmental trend, solve a problem, or fill a gap in the marketplace? These are the types of questions asked during the ________ component of a compete feasibility analysis.

• A) financial feasibility
• B) industry/target market feasibility
• C) organizational feasibility
• D) concept feasibility
• E) product/service feasibility

Comprehend the concept of harm reduction and its application in treating addiction.

Understand different schedules of reinforcement and their effects on behavior.

Comprehend the concept of secondary (conditioned) reinforcers and their development.

Explain the principles and applications of operant conditioning.

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Definitions:

Balanced Scorecard

A strategic planning and management tool that uses various performance metrics to evaluate an organization’s progress towards achieving its objectives.

Plan-Do-Study-Act

A four-step, iterative method used for quality improvement in processes, involving planning, implementation, evaluation, and refinement.

Meta-Analysis

A statistical technique that combines the results of multiple scientific studies to obtain a more accurate effect size of an intervention or variable of interest.

Randomized Control Trials

A study design where participants are randomly allocated to receive one of several clinical interventions, one of which may be a standard treatment or a placebo, to determine the efficacy of interventions.