Examlex
A person assumes all risks associated with any activity in which he or she participates.
Confirmation Bias
The habit of understanding new data as validation of one's current convictions or propositions.
Marketing Research
The process of gathering, analyzing, and interpreting information about a market, including products, services, and consumers.
Escalation Of Commitment
A behavioral pattern where individuals continue to invest in a decision despite new evidence suggesting it may be wrong, often due to sunk costs.
Business's Weaknesses
Refers to the internal factors and characteristics of a business that limit its effectiveness and ability to compete.
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