John,James,and Frank Wanted to Open J₂F Sports Bar That Offers

question 222

Multiple Choice

John,James,and Frank wanted to open J₂F Sports Bar that offers unique brands of beer,weekend entertainment,and a limited menu.In one of the preliminary meetings,James presented a list of reasons that small businesses fail.Although many of the ideas on this list were applicable to many types of business,one challenge pertained specifically to the restaurant and bar business.The challenge he referred to was:

• A)Underestimating how much time it will take to build a market.
• B)Borrowing money without planning just how and when to pay it back.
• C)Carrying habits of personal extravagance into the business.
• D)Some of the easiest businesses to start have the least growth and greatest failure rate.

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Definitions:

Task And Relationship Behavior

The dual focus of leaders on accomplishing the task at hand while simultaneously managing relationships and supporting team members.

Leadership Research

The systematic study of the nature of leadership, its effects, and how it can be developed and enhanced.

Universal Set Of Leadership Behaviors

An ideal or theoretical collection of actions and practices considered effective for leaders to exhibit across diverse situations and contexts.

Task Behaviors

Actions taken by leaders focusing on the completion of objectives or the achievement of specific goals.