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What Is a Self-Fulfilling Prophecy? Provide Two Examples to Demonstrate

question 10

Essay

What is a self-fulfilling prophecy? Provide two examples to demonstrate your understanding of this concept. Provide two questions you should ask yourself if you want to avoid the self-fulfilling prophecy trap.


Definitions:

Operating Cash Flow

The cash generated by a company's normal business operations, indicating its ability to fund operations, debt, and investments.

Gross Fixed Assets

The total value of a company's physical assets that are used in its operations and not expected to be consumed or converted into cash in the short term.

Current Assets

Assets that a company expects to convert into cash within one year or one business cycle, whichever is longer.

Operating Plan

A short- to intermediate-term business plan addressing a firm’s methods and goals over the period covered. Most companies have an annual operating plan.

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