Brothers Ronnie and Jacob Are Both in College; Ronnie Is

question 2

Multiple Choice

Brothers Ronnie and Jacob are both in college; Ronnie is a senior and Jacob a sophomore. They’re both majoring in business administration and want to open a small business a few years after graduation. They understand that it’s important to gain more management experience and build good credit ratings. Ronnie wants more security in his work and would be satisfied working with an older partner until he “learns the ropes.” More than Jacob, he’d prefer a business that’s been established for a few years. Although he likes a certain degree of independence, he’s willing to follow directions and take advice. Jacob, on the other hand, wants more freedom to make his own choices and to succeed or fail on his own merits. He’s quite creative and likes to set his own rules.
-Among the disadvantages of business ownership,Jacob would probably balk at the prospect of_____.

• A)financial risk
• B)time commitment
• C)stress
• D)unlimited liability

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Definitions:

Nature-Nurture Controversy

An ongoing debate regarding the relative contributions of genetic inheritance (nature) and environmental factors (nurture) to human development.

Biological Inheritance

The process through which genetic information is passed from parents to their offspring, determining inherited traits.

Environmental Experiences

Involves exposure to the surrounding physical and social world, influencing personal development and learning.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation, that can be tested through experimentation.