In a Classroom Discussion, Jacob Agrees with Marcie That Consumers

question 163

Multiple Choice

In a classroom discussion, Jacob agrees with Marcie that consumers generally want biodegradable beverage cups. However, he says that businesses in that industry must evaluate whether

• A)they can be produced.
• B)consumers are willing to pay higher prices for them.
• C)the competition will ever make them.
• D)stores will stock them.
• E)they can be effectively promoted.

---

Definitions:

Entrepreneur

An individual who starts and runs a business venture, taking on financial risks in the hopes of profit.

Successful

Achieving desired visions and planned goals, often marked by performance or achievement.

High Self-efficacy

The belief in one's own ability to succeed in specific situations or accomplish a task, which can influence motivation and persistence.

Resourceful

Able to deal skillfully and promptly with new situations, difficulties, etc.