In the Process of Starting a Business,the Step That Immediately

question 13

Multiple Choice

In the process of starting a business,the step that immediately succeeds the development of a business plan involves:

• A)organizing resources like labor and supplies.
• B)developing some general business ideas.
• C)deciding an appropriate legal form of business ownership.
• D)promoting the business to the customers.
• E)filing for tax returns for the business with the Internal Revenue Service.

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Definitions:

Confounding Variable

A variable that influences both the dependent and independent variables, causing a spurious association.

Blocking

The act of preventing access, movement, or function by placing an obstruction or obstacle.

Random Assignment

A method used in experiments to assign participants to different groups using randomization, ensuring that each participant has an equal chance of being placed in any group.

Blocking

A technique used in experimental design to group experimental units with similar characteristics together, in order to reduce the variability caused by these characteristics.