Imagine one or more failure scenarios for a business of your own. How do you think you woud respond to the threat of a failure ? How do you think you,ll be able to take the lessons learned from your failures and use them to attain more success in future ? Please discuss the above questions in terms of the following content: 1- The failure spectrum 2- mistakes of psyche 3- Hiring mistakes 4- Waiting too long mistake

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Imagine one or more failure scenarios for a
business of your own.
How do you think you woud respond to the threat
of a failure ?
How do think you,ll be able to take the lessons
you
learned from failures and use them to attain
your
more success in future ?
Please discuss the above questions in terms of the
following content:
1- The failure spectrum
2- mistakes of psyche
3- Hiring mistakes
4- Waiting too long mistake
Transcribed Image Text:Imagine one or more failure scenarios for a business of your own. How do you think you woud respond to the threat of a failure ? How do think you,ll be able to take the lessons you learned from failures and use them to attain your more success in future ? Please discuss the above questions in terms of the following content: 1- The failure spectrum 2- mistakes of psyche 3- Hiring mistakes 4- Waiting too long mistake
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