The Partnering for Success Feature in Chapter 3 Focuses on the Task

question 61

Multiple Choice

The Partnering for Success feature in Chapter 3 focuses on the task of finding the right business partner. According to the feature, which of the following is an incorrect rule-of-thumb in finding a business partner?

• A) Know the skills and experiences you need in a partner.
• B) Make sure you and your partner's work habits are compatible.
• C) Make sure you and your partner have common goals and aspirations.
• D) Pick a partner that is similar rather than different from you in terms of skills, abilities, and functional background.
• E) Hire a lawyer to negotiate the partnership agreement.

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Definitions:

Power

The ability or capacity to direct or influence the behavior of others or the course of events.

Value System

A set of consistent ethics, principles, and morals that guide an individual's or group's behavior and decisions.

Perpetuate

To make something continue indefinitely; to cause to last or to be remembered or celebrated for a long time.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.