The correct answer is using anchoring and adjustment heuristic. This is known as a psychological heuristic by which it influences how a person influence the probabilities that may occur. With this heuristic, a person start with implicitly suggested reference points and in the same time, make adjustments to it.
Answer:
This was the first time women in Bangladesh, who rely on men and are married very young, could get their own money to start the business and secure some income.
Explanation:
Microcredits are small loans to those who do not have some steady flow of money, given so they can start to develop their business and entrepreneurship.
In Bangladesh, society is greatly patriarchal and women do not have many rights. <u>Most of them do not have any source of their own income and can’t own the money</u>. They must rely on husbands and father’s goodwill to get any money they potentially need.
When microcredit began in Bangladesh, <u>this gives the opportunity for many women to finally get a loan and have some of their own money</u>. This was their first opportunity of the kind. <u>They could get the goods and resources needed to start their businesses and provide enough money to secure themselves and their children.</u>
Answer:
C) Cultural and social environment
Explanation:
CHECK THE OPTIONS
A)Political environment
B)economic environment.C. cultural and social environment.D. legal environment.E. technological environment.
The social and cultural environment can be regarded to the physical as well as social setting, where people live, it involves the culture, that one is been educated on and what he/she lives on, as well as the kind of people as well as institution they interact with. It should be noted the languages people speak, the type of education they have, and their religious beliefs are examples of the Cultural and social environment
environment.
EV
<h3>Earned Value (EV): What is it?</h3>
Value Acquired. EV measures the "value" of the job completed so far. In other words, EV explains the project's accomplishments in concrete terms. EV can be expressed in a Cumulative and Current manner, just as PV and AC. The budget for all of the activities that have been completed to date makes up cumulative EV.
<h3>What is EVM Earned Value Management?</h3>
Earned Value Management (EVM) is a project management technique for monitoring project performance and progress in an objective manner. Scope, schedule, and cost measurements can all be included in a single integrated system when using EVM. It is famous for its capacity to offer precise predictions of issues with project performance.
Learn more about earned value management (evm):
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