Most Entrepreneurs Initially Do an Industry Analysis to Find Out

question 35

True/False

Most entrepreneurs initially do an industry analysis to find out what the profits are in an industry in order to better estimate possible financial returns.

---

Definitions:

Centration

A cognitive limitation in early childhood development where a child focuses only on one aspect of an object or situation, overlooking others.

Thought Causes

This term is not standard in psychological or medical literature and requires clarification; thus, no definition can be provided.

Cognitive Development

The process through which individuals acquire the ability to think, learn, and understand as they progress through childhood to adulthood.

Conservation

The principle in cognitive development that recognizes the ability to understand that redistributing material does not affect its mass, number, or volume.