Eric Wants to Start a Business

question 149

True/False

Eric wants to start a business. He is attracted to the idea of being his own boss, and wants to get started with a minimum of expense and hassle. He is confident in his abilities, and the market he can draw from, so he is not particularly worried about financial risks. All of these factors suggest that Eric may favor starting his business as a sole proprietorship.

---

Definitions:

Bilingual

Refers to the ability to understand and communicate fluently in two languages.

Cognitive Development

Cognitive development is the process by which individuals acquire, construct, and understand through thought, experience, and the senses, involving areas such as learning, memory, problem-solving, and decision-making.

Social Interactions

The exchange between two or more individuals, which may involve communication, mutual influence, and the sharing of experiences.

Dialoguer

A person engaged in a dialogue or conversation, aiming for mutual understanding and sharing of perspectives.