The First Step in Starting Your Own Business Is

question 32

Multiple Choice

The first step in starting your own business is:

• A)to determine where the funding will come from
• B)a self-assessment
• C)a business plan
• D)find an idea for a new product or service
• E)choose a form of business organization

---

Definitions:

Client Satisfaction

The measure of how products or services supplied by a company meet or surpass customer expectations.

Informal Feedback

The casual and spontaneous comments about performance, often given in day-to-day interactions, not part of a structured evaluation.

Delphi Technique

The Delphi Technique is a structured communication method originally developed as a systematic, interactive forecasting method which relies on a panel of experts.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work.