Random, Psychology, Duplicated Definitions

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Questions and Answers

Which scenario best exemplifies a 'strategy' in a business context?

  • A company develops a detailed marketing plan to increase sales over the next quarter. (correct)
  • A store owner impulsively decides to mark down prices on all items one afternoon.
  • An employee randomly selects tasks from a list to complete each day.
  • A small business owner relies on intuition to make all financial decisions.

In which situation is one MOST likely to witness an 'ovation'?

  • During a calm and uneventful business meeting.
  • During a quiet moment of reflection.
  • While waiting in a long line at the grocery store.
  • At the conclusion of a captivating theatrical performance. (correct)

A researcher aims to understand the underlying causes of human decision-making. Which field of study would be most relevant to this research?

  • Geology
  • Botany
  • Psychology (correct)
  • Astrophysics

Which of the following actions BEST demonstrates the concept of 'accumulating'?

<p>Gathering a collection of rare coins over several years. (B)</p> Signup and view all the answers

In what context would the term 'franchise' MOST likely be used?

<p>Discussing the expansion of a fast-food restaurant chain. (C)</p> Signup and view all the answers

A magician performs a trick that leaves the audience wondering how it was done. Which word BEST describes the magician's technique?

<p>Subtle (C)</p> Signup and view all the answers

Which action exemplifies something happening 'randomly'?

<p>Drawing a name from a hat to select a winner. (A)</p> Signup and view all the answers

A software company found a bug in their code after releasing a newer version, and it made several unintended copies of all the existing data on their servers. Which word describes this scenario?

<p>Duplicated (A)</p> Signup and view all the answers

A detective notices slight changes in a suspect's behavior during questioning. What skill is the detective utilizing?

<p>Subtle observation (C)</p> Signup and view all the answers

A financial advisor recommends a specific investment strategy to their client based on current market conditions. Which concept is the advisor applying?

<p>Strategic planning (D)</p> Signup and view all the answers

Flashcards

Randomly

By chance; haphazardly; accidentally.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Duplicated

To make an exact copy of something.

Strategy

A carefully developed plan or method for achieving a specific goal or outcome.

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Accumulating

To gather or collect something gradually or in increasing amounts.

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Franchise

A right or license granted to an individual or group to operate a business using an established brand name or system.

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Subtle

So delicate or precise as to be difficult to analyze or describe.

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Ovation

A sustained and enthusiastic show of appreciation from an audience, especially by applause.

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Study Notes

  • Randomly refers to something happening by chance, in a haphazard or accidental manner.
  • Psychology is the scientific study of the mind and behavior.
  • Duplicated means making a copy of something, or making it twofold.
  • Strategy is a carefully designed plan or method used to achieve a specific goal.
  • Accumulating refers to the process of heaping or piling up something.
  • Franchise is the right to sell a company's products and use the company's name.
  • Subtle describes something that is hardly noticeable, clever, sly, or shrewd.
  • Ovation is an enthusiastic and popular tribute, often expressed through applause.

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