Samuel Is Struggling to Run His Start-Up Company in His

question 16

Multiple Choice

Samuel is struggling to run his start-up company in his locality. He is struggling because the local trade associations have established strict codes of conduct regarding certification, accreditation, and insurance obligation for businesses. In the context of economic freedom of a business environment, which of the following is adversely affecting Samuel's start-up?

• A)Lack of freedom of production
• B)Lack of freedom of staffing
• C)Excessive regulation
• D)Excessive taxation

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Definitions:

Demonstrative

Refers to clearly showing or proving something, often used to describe expressive behavior or actions that effectively communicate feelings or intentions.

Psychosocial Development

A concept outlined by Erik Erikson that describes how individuals evolve socially and psychologically through various stages of their life.

Crisis Resolution

The process of resolving a critical or life-changing event or situation, often requiring decision-making or problem-solving strategies.

Positive Traits

Characteristics or attributes of an individual that are seen as beneficial, desirable, or conducive to well-being and successful outcomes.