An Entrepreneur Is Investigating Starting a Company That Provides Tax

question 4

Multiple Choice

An entrepreneur is investigating starting a company that provides tax advice to small companies.In order to position his company differently from the existing competitors, the entrepreneur must:

• A) analyze the reach, richness, and affiliation the company must have with its customers.
• B) provide tax advice either in a different manner or provide a different kind of tax service than competitors.
• C) offer tax advice at a price lower than the cheapest competitor.
• D) offer tax advice at a higher quality than the best competitor.

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Definitions:

Frustration-Aggression Hypothesis

A psychological theory suggesting that frustration often leads to aggressive behavior.

Aggression

Social behavior whose objective is to harm someone, either physically or verbally.

Obedience

Behavior that complies with the explicit demands of the individual in authority.

Altruism

A selfless concern for the well-being of others, often resulting in acts of kindness without expectation of personal benefit.