Small Wins Create Commitment Because (1) They Enlarge the Importance

question 49

Multiple Choice

Small wins create commitment because (1) they enlarge the importance of any one change, (2) they help avoid resistance or retaliation, and (3) they create the image of progress. Which statements are correct?

• A) Statements 1 and 2
• B) Statements 1 and 3
• C) Statements 2 and 3
• D) Only statement 2

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed funds and exchange traded funds.

Securities

Financial instruments that represent an ownership position, a creditor relationship, or rights to ownership, expressed in the form of stocks, bonds, or options.

Rate of Return

The percentage gain or loss on an investment over a specified period, reflecting the income and appreciation of an investment.

Average Cumulative Investment

The total sum of all investments made over a period of time, divided by the number of investments.