What Is the First Step in Starting One's Own Business

question 65

Multiple Choice

What is the first step in starting one's own business?

• A) to make a business plan
• B) to find an idea for a new product or service
• C) to determine where the funding will come from
• D) to do a self-assessment

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Definitions:

Components

The constituent parts or elements that make up a whole.

Reality Therapy

A therapeutic approach focused on problem-solving and making better choices in order to fulfill one's needs.

Personal Responsibility

The idea that individuals are responsible for their own actions and their consequences, including the improvement of their own lives.

Quality of Their Lives

A measure or assessment of individuals' overall well-being, happiness, and satisfaction with life.