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Jim Wants to Start a Business

question 162

True/False

Jim wants to start a business.He is attracted by the idea of being his own boss,and wants to get started with a minimum of expense and hassle.He is very confident in his abilities,so he is not particularly worried about financial risks.All of these factors suggest that Jim would favour starting his business as a sole proprietorship.


Definitions:

Online Surveys

A data collection method using internet-based questionnaires to gather information from respondents.

Immediate Access

The capability to obtain or use resources, services, or information without delay.

Higher Response Rate

Refers to the proportion of individuals who respond to a survey or request out of the total number approached, indicating the effectiveness of the engagement strategy.

Traditional Surveys

Methods of data collection involving questionnaires or interviews to gather information from a group of people.

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