When Faced with a Crisis,what Is the First Step That

question 33

Multiple Choice

When faced with a crisis,what is the first step that a small business owner should follow?

• A)Get to the scene as soon as possible
• B)Communicate facts you know
• C)Appoint one person as the spokesperson
• D)Admit you are in trouble

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Definitions:

Investment

is the allocation of resources, usually money, with the expectation of generating an income or profit.

Principle

The original sum of money borrowed in a loan, or the amount of the investment before interest.

Interest

The cost of borrowing money or the return on investment, calculated as a percentage of the principal sum.

Loan

A sum of money borrowed that is expected to be paid back with interest.