Multiple Choice
Short and Shearer are two friends who want to begin an entrepreneurship as business partners. They need to decide whether to start up a new business or to buy an existing business. To do this, Short and Shearer need to weigh the pros and cons of each in order to see what the best strategy for them would be. Which of the following, if true, would strengthen the case for Short and Shearer's starting a new business of their own?
A) Starting a new business would put a lot of demands on their time.
B) Starting a new business involves more risk than purchasing an existing one.
C) Starting a new business would give them a lot of freedom and independence.
D) Starting a new business would mean hiring many new employees right away.
E) Starting a new business involves a lot of stress for the proprietors.
Correct Answer:

Verified
Correct Answer:
Verified
Q117: Which of the following is correct with
Q118: The purpose of a co-operative is<br>A) as
Q119: Individuals who both recognize and seize opportunities
Q120: During the period from 2002 to 2012,
Q121: In the Business Register, a goods-producing business
Q123: Three friends in the United States want
Q124: Many professional organizations, such as law firms
Q125: The risks of buying an existing firm
Q126: Which of the following is not one
Q127: Equity refers to the money, or capital,