Questions: One of the unexpected drawbacks of starting your own business is A) free time. B) lack of purpose. C) boredom. D) Ioneliness. Question 11 (5 points) You start a new business selling a product that's the best of its kind on the market. In addition to this product, what must you have to be successful? A) Good marketing B) A franchise license C) Sales experience D) A large staff

One of the unexpected drawbacks of starting your own business is A) free time. B) lack of purpose. C) boredom. D) Ioneliness. Question 11 (5 points) You start a new business selling a product that's the best of its kind on the market. In addition to this product, what must you have to be successful? A) Good marketing B) A franchise license C) Sales experience D) A large staff
Transcript text: One of the unexpected drawbacks of starting your own business is A) free time. B) lack of purpose. C) boredom. D) Ioneliness. Question 11 (5 points) You start a new business selling a product that's the best of its kind on the market. In addition to this product, what must you have to be successful? A) Good marketing B) A franchise license C) Sales experience D) A large staff
failed

Solution

failed
failed

The answer to the first question is D) loneliness.

Explanation: A) Free time: Starting your own business typically requires a significant time commitment, often more than a traditional job, so free time is not usually a drawback. B) Lack of purpose: Entrepreneurs often start their own businesses because they have a strong sense of purpose and passion for their work. C) Boredom: Running a business involves a variety of tasks and challenges, which usually prevents boredom. D) Loneliness: Many entrepreneurs experience loneliness because they often work long hours alone, especially in the early stages of their business, and may lack the camaraderie of a traditional workplace.

The answer to the second question is A) Good marketing.

Explanation: A) Good marketing: Even if you have the best product on the market, people need to know about it. Effective marketing helps you reach your target audience and communicate the value of your product, which is essential for success. B) A franchise license: This is only necessary if you are operating a franchise. It is not required for all businesses. C) Sales experience: While helpful, sales experience is not mandatory if you have a strong marketing strategy and can hire sales professionals. D) A large staff: Many successful businesses start with a small team. The size of the staff is less important than having the right skills and a good marketing strategy.

Was this solution helpful?
failed
Unhelpful
failed
Helpful

Questions asked by other users

failedAnswered
MATCH THE FOLLOWING EL BANDITO [Choose] THE DARK LADY [Choose] THE FEMALE CLOWN [Choose] GREASER [Choose] THE HARLOT [Choose] LATIN LOVER [Choose]
failedAnswered
Suppose that after specializing and trading, Bob ends up with 5 bananas and 10 fish while Ann ends up with 5 bananas and 20 fish. Which of the following is true about the terms of trade? One banana must have traded for two fish. One banana must have traded for one fish. One fish must have traded for one banana. One fish must have traded for two bananas.
failedAnswered
Vaughn Department Store uses a perpetual inventory system. Data for product E2-02 include the following purchases: Date Number of Units Unit Cost May 7 55 15 July 28 30 18 On June 1, Vaughn sold 25 units, and on August 27, 46 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO.
failedAnswered
Which statement about domestic violence is true? It is a rare occurrence today. It usually includes physical harm. It only affects women and children. It affects people and families of all kinds.
failedAnswered
Example 2 Consider the function f with the rule: f(x) = 1.5(1-x^2) if 0 ≤ x ≤ 1 0 if x > 1 or x < 0 a Sketch the graph of f. b Show that f is a probability density function. c Find Pr(X > 0.5), where the random variable X has probability density function f. Solution a For 0 ≤ x ≤ 1, the graph of y=f(x) is part of a parabola with intercepts at (0,1.5) and (1,0).