The Entrepreneurial Start-Up Process Begins With

question 13

Multiple Choice

The entrepreneurial start-up process begins with:

• A) a visit to the banker for start-up funds.
• B) an innovative idea that is refined as the idea is thought through.
• C) a visit to the library for more information on the business.
• D) a visit to a business professor for advice.

---

Definitions:

Reagan Presidency

The period of American leadership under Ronald Reagan, the 40th President of the United States, from 1981 to 1989, noted for its conservative policies.

Great Society

A set of domestic programs in the United States, launched by President Lyndon B. Johnson, aimed at eliminating poverty and racial injustice.

Privatization

The process of transferring ownership of a business, enterprise, agency, or public service from the government to private individuals or organizations.

Market-Based Reform

Changes or improvements to policies or practices that are guided by the principles of free market competition.