Business Risk Taking Refers to the Risk Associated with Entering

question 62

True/False

Business risk taking refers to the risk associated with entering untested markets or committing to unproven technologies.

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Definitions:

Latent Learning

occurs without immediate reinforcement and is not immediately demonstrated through performance, becoming apparent only when there is motivation to demonstrate it.

Learning/Performance Distinction

The concept that learning and performance are different phenomena; learning refers to the acquisition of knowledge or skills, while performance is the demonstration of what has been learned.

Observational Learning

The process of acquiring knowledge, attitudes, or behaviors by watching and imitating the actions of others.

Motivated

Being motivated refers to having a drive or desire to act or accomplish something, often stemming from personal goals, needs, or incentives.