You Are Conducting a Business Startup Workshop Sponsored by the Small

question 119

Multiple Choice

You are conducting a business startup workshop sponsored by the Small Business Administration.The workshop attendees are all aspiring business owners who are excited yet fearful about the prospect of starting their own businesses.Earlier in the workshop,you asked the attendees to complete a questionnaire about their major concerns in starting a new business.The majority of the respondents indicated their biggest concern is lack of business experience. Based on this concern,which of the following business strategies is most appropriate for these workshop attendees?
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• A)​start their business as a full-service wholesaler
• B)​start their business as a franchisee
• C)​start their business as a mail-order wholesaler
• D)​start their business as a merchant wholesaler
• E)​start their business as a franchiser

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Definitions:

Slave Revolts

Acts of rebellion and resistance by enslaved individuals against their condition and their enslavers, seeking freedom or improvements in their living conditions.

Minimum Requirements

The least or lowest acceptable standards or conditions that must be met, often used in contexts such as employment qualifications, educational admissions, or product specifications.

Roadblock Strategy

A tactic used in various contexts, including protests and negotiations, where literal or figurative barriers are put up to delay or prevent achieving an opposing party's goals.

Desegregation

The process of eliminating racial segregation, particularly in educational and public institutions, leading to the integration of different racial groups.