Dylan regularly buys the Rolling Stone magazine. The store from where he purchases the magazine informs him that it would not sell any Rolling Stone magazines for a couple of months. Dylan assumed that the magazine was shutting down. This scenario illustrates the concept of _____.

Business Closure means shutting down a business, or going out of business. It is an action taken when a business or organization does not see any reason to continue operating. Business closure can be because of insufficient funds to continue operation, Death of the business owner, bankruptcy, or the business has been bought by another organization.

Answer Link

ayoogunyemi ayoogunyemi · Answer 2 · 2020-04-24T02:19:05+02:00

Answer:

Closure

Explanation:

Closure is a act of seeing an incomplete action as if is the whole in an attempt to find an answer to a situation demanding such. A mental puzzle is formed based on the available information , and an answer if derived when the puzzle appears to have satisfied one's curiosity.

Dylan's assumption that the machine was shutting down based on the information he received is a typical illustration of the concept of closure