A Small Business Owner Must Possess All of the Following

question 8

Multiple Choice

A small business owner must possess all of the following EXCEPT

• A)necessary skills to run the business.
• B)an in-depth understanding of the market.
• C)passion for starting a business.
• D)a sequential formula.

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Definitions:

Self-Deception

The psychological process of denying or rationalizing away the relevance, significance, or truth of contrary evidence or logical argument.

Confrontation

A direct engagement or encounter between parties with conflicting views or goals, often aiming to resolve disagreement.

Aggression

Behavior aimed at causing harm, pain, or distress to another, either physically or psychologically, often motivated by hostility.

Denial

A psychological defense mechanism where a person refuses to accept reality or facts, thereby blocking external events from awareness.