Which of the Following Is a Key Issue for Entrepreneurs

question 25

Multiple Choice

Which of the following is a key issue for entrepreneurs during the start- up stage?

• A) Finding potential purchasers for the business
• B) Creating an organisational structure
• C) Finding sources of capital
• D) Generating growth

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Definitions:

Workers

Individuals engaged in physical or mental labor, especially those employed in various sectors of an economy to perform jobs for wages.

Formal Agreement

A legally binding contract or arrangement between two or more parties, often documented in writing.

Agency Relationship

An arrangement where one party, the agent, is authorized to act on behalf of another, the principal, in business transactions.

Courts

Institutions designated to administer justice by interpreting laws, resolving disputes, and deciding on legal cases.