An Advantage for Choosing a Hometown as a Location for a New

question 35

Multiple Choice

An advantage for choosing a hometown as a location for a new business venture include the fact that

• A)the entrepreneur knows the landmarks around his or her home community.
• B)credit can be established more easily.
• C)friends and relatives line up new customers.
• D)the reduced risk.

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Definitions:

Identity Status

The stage of development, conceptualized by James Marcia, that involves exploring and making decisions about one's role in society and personal beliefs and values.

Frequent, Intense Conflict

Regular and severe disagreements or arguments, often leading to stress or relationship breakdowns.

At Risk

A term used to describe individuals or groups who are vulnerable to potential negative outcomes or dangers due to various factors or conditions.

Identity Achievement

The identity state in which, after undergoing a period of exploration, a person commits to self-chosen values and goals.