Entrepreneurs Weigh the Differences Between the Benefits of Starting a Business

question 266

Multiple Choice

Entrepreneurs weigh the differences between the benefits of starting a business and those things that they are likely to forego because they choose to work for themselves. Such things they are likely to pass up on are:

• A) the freedom to make their own decisions.
• B) local government benefits such as enterprise zone tax credits.
• C) employer-paid benefits such as paid vacation and health insurance.
• D) tickets to sporting events that trading partners may provide.

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Definitions:

Elite Fashion

High-end or exclusive fashion that is typically associated with or designed for the upper class or society's elite.

Mass Fashion

Clothing and style trends that are produced and consumed on a large scale, appealing to a wide audience.

Short-lived Fashion

Trends or styles in clothing, accessories, or beauty that gain popularity quickly but also fade in relevance or desirability just as fast.

Cultural Phenomena

Aspects, patterns, or trends that are representative or characteristic of a specific culture and are widely recognized and acknowledged within that culture.