Refer to the Scenario Below to Answer the Following Questions

question 86

Multiple Choice

Refer to the scenario below to answer the following questions.
Launching an On-Line Yoga Studio (Scenario)
Deborah was thinking about what it would take to launch her new business. Like many entrepreneurs, she had an idea and wanted to get started but really did not know where to begin-not to mention experiencing both the normal excitement and fear of launching a new enterprise.
Deborah discovered that she could gather together well-known yoga teachers from all over the world and create an online yoga studio. Customers could become members for much less money than going to a regular studio and learn from the best teachers in the world, not just the local ones.
In her mind this could lead to the downfall of many mediocre yoga studios in her city (and perhaps other cities) and make world-class yoga teachers more available. Plus, the overhead costs would be minimal. She would then pay each teacher a royalty based on the participant volume each one received.
-As Deborah contemplates the possibility of launching her venture, she is likely to get caught up in the excitement of the startup. Fortunately she is getting good advice and is thinking about the three key facets of operating the web-based business: managing the various processes of the venture; managing people; and _________________.

• A) managing the expectations of her financial backers
• B) managing competitive pressures
• C) managing the venture's growth
• D) managing her own emotions
• E) managing the expectations of the marketplace

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Definitions:

Gasoline Falls

Presumed to refer to a reduction in gasoline prices, though not a standard economic term.

Fuel-efficient Cars

Automobiles designed to use less fuel for the same distance traveled compared to standard vehicles, thus reducing operational costs and environmental impact.

Public Transportation

A system of vehicles such as buses and trains that operate at regular times on fixed routes and are used by the public.

In-state Students

Students enrolled in a public university or college within the same state in which they are residents, often eligible for lower tuition rates.