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:

Interpersonal Conflict

The process that occurs when one individual or group perceives that another individual or group is negatively affecting something that the first cares about.

Assertiveness

The quality of being self-assured and confident without being aggressive, in the context of communication and interpersonal relations.

Cooperativeness

The willingness to work together with others for a common goal or benefit.

Collaborating Conflict-handling Style

An approach to conflict in which parties involved work together to find a mutually beneficial solution.