Refer to the Scenario Below to Answer the Following Questions

question 117

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.
-You recommend they redo their feasibility study with some of the new information they have gathered in their first year of operations. Given the speed with which Vincent and Alice launched their business, it will likely provide additional details about_____________________.

• A) competitors and financing
• B) human resource needs and financing
• C) competitors and human resource needs
• D) human resource and impact on the partners' personal lives
• E) cash flow and net income

---

Definitions:

Internet Use Disorder

A proposed disorder marked by excessive and problematic use of the internet, leading to significant impairment or distress in daily life.

DSM-5

As the ultimate reference for diagnosing mental disorders, the Fifth Edition of the Diagnostic and Statistical Manual of Mental Disorders is utilized by medical experts.

Substance Use Disorder

A complex condition marked by uncontrolled use of substances despite harmful consequences, leading to significant impairment or distress.

Self-Help Programs

Guided initiatives aimed at enabling individuals to overcome problems or achieve personal growth through their own efforts.