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:

Dishabituation

Increase in responsiveness after presentation of a new stimulus.

Habituation

The method through which a person becomes used to a stimulus by being exposed to it multiple times, resulting in a reduced reaction.

Perceptual Skills

Abilities related to the interpretation of sensory input, such as recognizing patterns, objects, and spatial relationships.

Dishabituation

A renewal of response in a habituated organism following the presentation of a novel stimulus.