Mark Ghermizian Had Quit His Job and Was Looking to Start

question 24

Multiple Choice

Mark Ghermizian had quit his job and was looking to start a small business so he could be his own boss. When he read that people spend up to 15 minutes every day staring at a bathroom stall door, he decided there was real advertising potential in toilet advertising. Since he has his idea, what is Ghermizian's next step?

• A) to create a name for his business
• B) to get financing for his new business
• C) to choose a form of business organization
• D) to determine if he has the right personality to run a business

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Definitions:

Control

The power to influence or direct people's behavior or the course of events.

Responsibility

The obligation to carry out duties or tasks effectively and to be accountable for the outcomes of one’s actions.

Absenteeism

The habit or tendency of an employee to be absent from work more frequently than what is deemed acceptable, affecting productivity and morale.

Stress-related

Pertaining to, caused by, or significantly influenced by stress, which can impact both physical and mental health.