A Big Shock Is Usually in Store for Entrepreneurs When

question 15

Multiple Choice

A big shock is usually in store for entrepreneurs when

• A)competitors become aggressive
• B)banks require monthly interest payments on their loan
• C)key employees ask for a raise
• D)they receive the first offer for their business

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Definitions:

Market Prices

The current price at which an asset or service can be bought or sold in a particular marketplace.

Formative Evaluation

An evaluative process conducted during the development of a program or project to improve its design and performance through ongoing feedback.

Measurement

The process of obtaining the size, quantity, or degree of something using standard units.

Outcome Objectives

Specific goals that a project or study aims to achieve, measured through certain indicators or outcomes.