Starting a Business from Scratch Can

question 1

Multiple Choice

Starting a business from scratch can:

• A) requires a significant personal investment of money from the entrepreneur.
• B) is a proven model for surviving the first few years of operation.
• C) reduce the usual risks inherent in a new business.
• D) result in the least amount of start-up costs.

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Definitions:

Defensive Pessimist

A strategy used by individuals to manage anxiety and motivate themselves by considering and preparing for the worst-case scenario.

Optimist

An individual who generally believes that good things will happen and that situations will turn out well.

Recent Exam

An evaluation or assessment that has occurred in the near past to gauge knowledge, skills, or qualifications in a specific area.

Emotional Circumplex

A model used to describe emotions in a 2D circular array, showing the relationships among different emotions.