Short and Shearer Are Two Friends Who Want to Begin

question 71

Multiple Choice

Short and Shearer are two friends who want to begin an entrepreneurship venture as business partners.They need to decide whether to start up a new business or to buy an existing business.To do this,Short and Shearer need to weigh the pros and cons of each in order to see what the best strategy for them would be. In order to help ensure success for their new business,which of the following questions would be least helpful for Short and Shearer to periodically ask themselves?

• A)How well does our firm's operation align with the business plan?
• B)How many employees do we have?
• C)How are we handling our finances?
• D)How are our employees performing?
• E)How much debt can we afford to carry?

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, categorizing human needs into five levels from basic (such as physiological needs) to higher order (self-actualization).

Physiological Needs

The most basic human needs to be satisfied—water, food, shelter, and clothing.