The Flexibility to Discuss What the Organization Is Attempting to Accomplish

question 90

Multiple Choice

The flexibility to discuss what the organization is attempting to accomplish is one strength of ________ evaluation.

• A) flex
• B) essay
• C) open
• D) BARS

Understand the definition and purpose of a business plan.

Recognize the role and types of financing available to small businesses.

Comprehend how small businesses impact the U.S. economy.

Identify reasons for business failures and successes.

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Definitions:

Fairly Allocated

The perception or condition of resources, duties, or rewards being distributed in a just and equitable manner among all parties.

Procedural Justice

The fairness and transparency of the processes that lead to outcomes or decisions.

Perceived Inequity

The feeling or belief that fairness has not been maintained in social exchanges or distribution of resources.

Change Outcomes

The process of influencing or altering the results or consequences of actions to achieve a desired goal.