Verlin Wants to Avoid a Common Mistake Often Made by New

question 47

Multiple Choice

Verlin wants to avoid a common mistake often made by new entrepreneurs. Which of the following would you advise him to do?

• A) Spend as little as possible.
• B) Carry no inventory.
• C) Be sure to have adequate financing.
• D) Do without anything that is not absolutely essential.

---

Definitions:

Self-scheduling

A strategy that allows employees to choose their own working hours, often to accommodate personal commitments or preferences.

Task Group

A common type of work-related group in which the completion of a specific task if the main focus.

Effective Group

An effective group refers to a collection of individuals working together cohesively towards a common goal, demonstrating efficiency and productivity.

Group Discussions

A form of collective communication where members share information, ideas, or opinions on a particular subject in a collaborative environment.