Which Is Not What Owner-Managers Should Do to Try to Ensure

question 10

Multiple Choice

Which is not what owner-managers should do to try to ensure long-term viability early in the life of the business?

• A) Need to understand the life cycle of the business
• B) Take specific steps in planning for growth of the business
• C) Ensure the location infrastructure is suitable for long-term needs of the business
• D) Be aware of some of the more common growth problems a business is likely to face

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Definitions:

Resilience

The ability to recover quickly from difficulties or adapt to significant stress and adversity.

Tardive Dyskinesia

A neurological disorder characterized by involuntary, repetitive body movements, often as a side effect of long-term use of antipsychotic medication.

Active Listening

A communication technique involving fully concentrating on what is being said rather than just passively hearing the message.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and empathy in therapy.