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:

Peach Baskets

Initially used as the first goals in the game of basketball, these containers were nailed to the balconies of gymnasiums, marking the start of this now popular sport.

Mortimer Mouse

A fictional character from the Disney universe, originally conceived as a rival to Mickey Mouse.

Mickey Mouse

An iconic cartoon character created by Walt Disney and Ub Iwerks in 1928, recognized as the mascot of The Walt Disney Company.

Vera Wang

An American fashion designer known for her innovative bridal gown collections and her influence on the wedding dress industry.