Refer to the Scenario Below to Answer the Following Questions

question 7

Multiple Choice

Refer to the scenario below to answer the following questions.
Growing a Web-Development Company (Scenario)
Vincent and Alice are partners in a one-year-old web development business called Spy-der Web Execution. Vincent comes from a graphic design background and specializes in the look and feel of web projects. Alice comes from the computer gaming industry and is a highly experienced programmer and web developer-with a particular leaning toward Wordpress as a website backbone.
So far they have brought in less business than they had anticipated-about 25 percent less. As a result, they are operating at just a little below break even, and it is costing them about $500 a month to cover expenses (including rent on a small office space where they meet clients) . The situation is disappointing and was not anticipated by either Vincent or Alice.
As with many businesses like this that are easy to get into with little investment, they did not do a full feasibility study or business plan. They are unsure about how to divide up their responsibilities (who is responsible for what) , and therefore neither person is proactively going after new business, managing each project's budget, and determining even if they are making money on the work.
You are now in the role of advising the partners about a number of issues.
-Although a seemingly backwards step, doing a thorough evaluation of their business idea might be a wise exercise because Vincent and Alice could discover answers to all of the following questions EXCEPT ____________________.

• A) Do you have the capabilities to do what you have chosen?
• B) Are you ready to work hard?
• C) Do you have a realistic picture of the venture's potential?
• D) Are you ready to be an entrepreneur?
• E) Do you ever plan on having the time for a personal life in the near future?

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Definitions:

Under-Performing

Failing to achieve the expected or required level of performance, often in a work or educational context.

Job Performance

Job Performance is the evaluation of how effectively an employee carries out their duties, tasks, and responsibilities associated with their job.

Group Entitativity

The extent to which a collection of individuals is perceived as a cohesive and unified group.

Unified Team

A team characterized by high levels of collaboration, shared goals, and a strong sense of cohesion among its members.