Brothers Ronnie and Jacob Are Both in College; Ronnie Is

question 2

Multiple Choice

Brothers Ronnie and Jacob are both in college; Ronnie is a senior and Jacob a sophomore. They’re both majoring in business administration and want to open a small business a few years after graduation. They understand that it’s important to gain more management experience and build good credit ratings. Ronnie wants more security in his work and would be satisfied working with an older partner until he “learns the ropes.” More than Jacob, he’d prefer a business that’s been established for a few years. Although he likes a certain degree of independence, he’s willing to follow directions and take advice. Jacob, on the other hand, wants more freedom to make his own choices and to succeed or fail on his own merits. He’s quite creative and likes to set his own rules.
-Among the disadvantages of business ownership,Jacob would probably balk at the prospect of_____.

• A)financial risk
• B)time commitment
• C)stress
• D)unlimited liability

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Definitions:

Functionalism

A theory in sociology and psychology which emphasizes the importance of understanding the purpose or function of behavior, institutions, and processes in society and the mind.

Verifiability Of Observation

The principle that empirical observations must be capable of being checked or validated by other observers.

Behaviourism

Behaviourism is a theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing observable behaviors over internal states.

Freud's Theory

A set of psychoanalytic principles created by Sigmund Freud that emphasize the role of unconscious processes in shaping thoughts, feelings, and behaviors.