When Creating a New Business One Should Start With

question 71

Multiple Choice

When creating a new business one should start with:

• A) a viable market.
• B) a product.
• C) a great idea.
• D) good timing.
• E) meeting social responsibilities.

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Definitions:

Responsive Parent

A parenting style characterized by sensitively responding to the child's needs.

Egocentrism

A cognitive trait where an individual has difficulty understanding or assuming any perspective other than their own, commonly observed in early childhood development.

Formal Operational Intelligence

The cognitive capacity to systematically solve problems and think logically about hypothetical situations, as conceptualized by Piaget.

Basic Trust

A term coined by Erik Erikson, referring to the first stage of psychological development where an infant learns to trust or mistrust their caregivers and environment.