Which of the Following Accurately Describes the Need for Money

question 197

Multiple Choice

Which of the following accurately describes the need for money relative to entrepreneurship?

• A) A lot of money is needed.
• B) No money is ever needed, only the idea.
• C) Many businesses are started with very little money.
• D) It is never needed.
• E) Lots of money will guarantee success.

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Definitions:

Free-Rein Leaders

Leadership style characterized by minimal supervision, allowing employees significant autonomy in how they complete tasks.

Minimal Communication

A communication approach that involves the least amount of information necessary to convey an idea effectively.

Ultimate Responsibility

The highest level of accountability for the outcomes of decisions and actions within an organization or project.