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Along with Business Planning,it Is Imperative That an Entrepreneur Think

question 89

Multiple Choice

Along with business planning,it is imperative that an entrepreneur think ahead about what would happen if things do not go well.In order to know how to deal with a worst-case situation or crisis,he or she should create a(n) ________ or plan B.


Definitions:

Zero Tolerance Policy

A policy that enforces strict consequences for specific offenses, without exceptions.

Technology

The application of scientific knowledge for practical purposes, especially in industry.

Least Harm

A principle aiming at minimizing the negative impact of actions or decisions on individuals, communities, and the environment.

Utilitarian

A theory or doctrine that actions are right if they are useful or for the benefit of a majority.

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