Philo Wants to Start a New Business Enterprise

question 23

Multiple Choice

Philo wants to start a new business enterprise.Because it is difficult,if not impossible,to keep up with the many legal rules that govern business conduct,Philo most likely needs to consult

• A)an accountant.
• B)an attorney.
• C)an experienced small-business owner.
• D)a partner.

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Definitions:

Structured

Organized in a clear, systematic way, often with a set format or pattern.

Authoritarian

A management approach where a single person makes all the decisions without much contribution from the team members.

Hierarchical

A system in which people or groups are ranked one above the other according to status or authority.

Initiative

the ability to assess and initiate things independently, often leading to new ideas or actions without being directed.