Bottom-Up Reasoning Is Also Referred to as _____ Reasoning

question 104

Multiple Choice

Bottom-up reasoning is also referred to as _____ reasoning.

• A) egocentric
• B) theoretical
• C) concrete
• D) inductive

---

Definitions:

Entrepreneurship

Risk-taking behaviour that results in new opportunities.

Economic Independence

The condition of having sufficient income or wealth to live without having to depend on support from others.

Small Business Failure Rates

The percentage of small businesses that cease operations within a certain period, often used as an indicator of the small business sector's health or economic conditions.

New Businesses

Enterprises that have been recently established, focusing on entering a market with innovative products or services.