If, After the Current Assessment, Ashok Still Believes in the Potential

question 40

Multiple Choice

If, after the current assessment, Ashok still believes in the potential of the venture, he should proceed with which step of the planning process?

• A) An environmental analysis.
• B) A SWOT analysis.
• C) A promotional plan.
• D) An opportunity analysis.
• E) A business plan.

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Definitions:

Information-Processing Theory

A cognitive theory that uses computer processing as a metaphor for the operations of the human mind, focusing on how people process, store, and retrieve information.

Behavioral Theory

A theory suggesting that behavior is learned from the environment through the process of conditioning.

Adaptive Theory

A theory suggesting that certain behaviors or physical characteristics have evolved because they increase survival or reproductive success.

Mental Combinations

The ability in early cognitive development where a child can mentally mix, match, and rearrange objects or situations without the need for physical manipulation.