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inn [45]
3 years ago
6

Against his financial advisor’s advice, Frank has decided to invest his money in some risky stocks because he once made quite a

bit of money in the stock market. His decision illustrates __________.
Business
1 answer:
worty [1.4K]3 years ago
8 0

Answer:

Representative Heuristic

Explanation:

Representative heuristic is a psychological situation in which an individual takes a bias deecison based on the prototype of that  same situation.

From the question, it can be seen that Frank is investing in a risky stock at this time because it once made him money in the past. He's basing the success of the stock this time around on his past experience.

Cheers.

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A good change control process will include:
harkovskaia [24]

Answer: A. All of these

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8 0
3 years ago
Theresa spends 2 hours working instead of watching tv with her friends. The opportunity cost to her of working is.
Mazyrski [523]

Theresa spends 2 hours running rather than watching tv with her friends. The opportunity cost to her of running is: the profits earned running per hour

The definition of an opportunity is a positive state of affairs for an effective outcome. An instance of an opportunity is a lunch meeting with a probable organization.

This opportunity will let you observe positive paths which lead toward reaching your desires and goals. If we want what is first-rate for our careers then taking an opportunity is important. possibilities assists individuals to expand work-associated capabilities allowing them to achieve efficient paintings inside our community. each community-based totally and facility-based totally talent improvement, employment, and schooling options are available. Possibilities are first-rate motivators because they promote innovation, dedication, and power. Even in industries with which an entrepreneur is surprised, particular opportunities for fulfillment are what makes enterprise exciting. entrepreneurs and commercial enterprise-owners alike ought to look for extra possibilities.

Learn more about opportunities here:brainly.com/question/1888324

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3 0
1 year ago
When the market for standalone Global Positioning System (GPS) devices declined with the arrival of GPS-enabled mobile phones, M
Ymorist [56]
Consolidation strategy

(Im not 100% sure)
4 0
3 years ago
Which of the following is an indicator of how much output the average person would get if all output were divided up evenly amon
Effectus [21]

Answer:

C. per capita  GDP

Explanation:

Per capita income is the average income earned per person in a country during a specified period of time . It is the measure of a country's Gross domestic products against its total population.

Per capita GDP is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population.  it a good measurement of a country's standard of living. It tells you how prosperous a country feels to each of its citizens.

It is calculated by dividing the total GDP of a country by its population

therefore going by the question and the explanation given the best possible answer is C. Per capita GDP

5 0
3 years ago
Which of the following management orientations accurately characterizes a company that bases its decisions primarily on market r
Aleonysh [2.5K]

Answer: Geocentric orientation

Explanation:

The management orientation that accurately characterizes a company that bases its decisions primarily on market research is the geocentric orientation.

A company that uses a geocentric orientation sees the whole world as a global market. We should note that a geocentric company makes its products and develops a marketing mix that's standardized for the global market.

7 0
2 years ago
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