Which of the Following Is a Reason for Starting a New

question 62

Multiple Choice

Which of the following is a reason for starting a new business?

• A) The owner has freedom to select his/her own competitive environment.
• B) It is easy to find the right business.
• C) The chances of succeeding are higher in small business start-ups than in acquiring a franchise.
• D) The owner does not have to experience problems in establishing basic management systems and controls when starting his/her own business.

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Definitions:

Self-regulatory Strength

The capacity of an individual to exert control over their emotions, thoughts, and behaviors in pursuit of long-term goals.

Self-control

The ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.

Self-awareness

Self-recognition pertaining to one’s character, affectivity, catalysts for behavior, and aims.

Deindividuation

A mental condition marked by a decrease in self-awareness and a weakened sense of social identity, frequently resulting in unrestrained and occasionally antisocial actions.