Which of the Following Suggestions Would an Experienced Business Owner

question 176

Multiple Choice

Which of the following suggestions would an experienced business owner offer to help someone who is thinking about starting a business venture?

• A) Avoid the temptation of buying an existing firm. Build your own reputation and make your own mistakes.
• B) Gain experience by working for a successful businessperson.
• C) Postpone consulting with an accountant or lawyer until you can afford their services.
• D) Jump in quickly, before the market conditions change and opportunities are lost.

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Definitions:

Popular Democrats

Members or supporters of the Democratic Party who are widely favored or well-liked by the public or within the party itself.

Economic Policies

Strategies and decisions implemented by a government or organization to influence its economic performance and social welfare.

Citizen Apathy

A situation where individuals in a society do not show interest or concern for the political, social, or cultural life of their community.

Massive Deficits

Significantly large shortfalls where government expenditures exceed revenue.