Before Entering into Any Partnership Arrangement, Entrepreneurs Must Consider ________

question 112

Multiple Choice

Before entering into any partnership arrangement, entrepreneurs must consider ________.

• A)the partnership will only have an impact on sharing profits
• B)what interest rate the partner is expecting
• C)the impact of giving up some personal control and sharing profits with others
• D)the ramifications of having another person on the payroll

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Definitions:

Humanistic

A psychological perspective that emphasizes the study of the whole person, looking at human behavior not only through the eyes of the observer but also through the eyes of the person doing the behaving.

Motivation

The internal drive or process that stimulates, directs, and maintains behaviors towards achieving personal or organizational goals.

Generalize

The act of drawing broad conclusions from specific instances.

Humanist

Pertaining to a perspective that emphasizes the value and agency of human beings, individually and collectively.