In the Context of Stages of Change Model,individuals Get Ready

question 178

Multiple Choice

In the context of stages of change model,individuals get ready to take action in the _____ stage.

• A)precontemplation
• B)preparation/determination
• C)contemplation
• D)action/willpower

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Definitions:

IRR

Internal Rate of Return, a metric used to estimate the profitability of potential investments.

Initial Cost

The original cost of acquiring an asset before any depreciation, amortization, or similar adjustment.

Cash Inflows

The total amount of money received by a company or individual during a set period.

Payback Period

The duration of time it takes to recover the cost of an investment, calculated as the point where net cash flow equals the initial investment.