A Business Opportunity Is an Idea, Plus ________

question 7

Multiple Choice

A business opportunity is an idea, plus ________.

• A) it is attractive to suppliers
• B) it may have marginal performance in your business environment
• C) it has a limitless window of time to work within
• D) it is attractive to customers and will work in your business environment

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Definitions:

Psychographic

Relating to the study of personality, values, opinions, attitudes, interests, and lifestyles.

Cognitive

Relating to the mental processes of perception, memory, judgment, and reasoning.

Channel Overload

The state that occurs when a communication channel is overwhelmed with too much information, leading to decreased effectiveness.

Information Overload

A state where an individual or system is overwhelmed by the quantity of information available, making processing and decision-making difficult.