Scenario A

question 39

Multiple Choice

Scenario A. Use the information in the following paragraph to answer the following questions.
Your roommate comes in after class to tell you, with great excitement, that she has decided to become an entrepreneur. Her reasons are these: First, she is something of a gambler, so she believes entrepreneurship is a perfect match for her personality. Second, she is an admitted "control freak". She is confident that all it takes is a good idea and that money will surely follow. Finally, she made 650 on her SATs so her success, she feels, is a certainty.
-Your roommate has accurately described some of the _____ of/about entrepreneurship.

• A) challenges
• B) opportunities
• C) realities
• D) myths
• E) facts

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Definitions:

Cause-and-Effect Diagram

A visual tool for identifying and organizing the potential causes of a problem in order to identify its root causes, also known as a fishbone or Ishikawa diagram.

Service Quality

The degree to which a service meets the customer's expectations, often evaluated based on factors like responsiveness, reliability, and professionalism.

Cause and Effect Diagram

Also known as a fishbone diagram, it is a tool used to systematically list and analyze the potential causes of a specific problem or effect.

Pareto Chart

A bar graph that represents the frequency or impact of problems or causes in a process, helping to identify the most significant factors.