The correct answer to this open question is the following.
Although there are no options attached, we can say the following.
The economic questions that are not covered in Mark's scenario could be the following.
Mark needs to ask about what its competitors might be. Direct and indirect competitors in the zone. He has to know the kind of products they are selling, their prices, offers, and promotions, so he can make business decisions.
Another question he is missing is his business plan. He needs a full business plan so he can consider all aspects and variables during the opening and the firsts years. He also needs to ask himself if he has enough resources to outlast the competitors.
Answer:
In the past, learners were required to achieve at least 50% in four specific designated subjects that were the same nationwide. However, this was recently changed - the new requirements include attaining the same percentage in any four subjects that have 20 credits from a list of subjects.
This change has certain advantages and disadvantages. The advantage is that there will be more students with better percentages applying for various high education institutions as it should now be easier for them to pick subjects they are most confident in and that will be relevant for their further education. Their focus will also be on those most important subjects for them and their studies instead of on something they might not even need in their future career.
However, a disadvantage is that students might pick subjects they find easiest just to secure their place in a university. Those subjects ultimately might not provide them with needed strategies for thinking and learning that otherwise designated subjects might have. Furthermore, some higher education institutions might have their own lists of designated subjects and minimum entry requirements that might not be the same as the student's choices.
Answer:
Confirmation Bias
Explanation:
Confirmation bias is a deep seated tendency to prefer information that confirms our existing positions. The human understanding when it has once adopted an opinion draws all things else to support and agree with it. And though there is a greater number and weight of instances to be found not true, he either neglects, despises or rejects in order that by this great and pernicious determination the authority of its conclusions may remain inviolate. Confirmation bias is found to be important because it may lead people to hold strongly to false beliefs or give more weight to information that supports their beliefs than is warranted by evidences. This biased approach is largely unintentional and often results in ignoring inconsistent information
This is a well known psychological tendency
