A Business Venture Can Result in the Following Outcomes (With

question 22

Multiple Choice

A business venture can result in the following outcomes (with their corresponding chance of occurring in parentheses) : Highly Successful (10%) ,Successful (25%) ,Break Even (25%) ,Disappointing (20%) ,and Highly Disappointing (?) .If these are the only outcomes possible for the business venture,what is the chance that the business venture will be considered Highly Disappointing?

• A)10%
• B)15%
• C)20%
• D)25%

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Definitions:

Attrition

The gradual reduction in workforce through normal means, such as retirement or voluntary resignation, without actively replacing those positions.

Contract Workers

Individuals hired to perform specific tasks or projects for a limited period under a contract, rather than being permanent employees.

Full-time Employees

Employees who work a standard work week, typically defined by the employer, and often receive benefits such as health insurance.

Over-time

Additional hours worked beyond the standard workweek, typically compensated at a higher pay rate.