Which of the following is a reason for starting a new business?
A) The owner has freedom to select his/her own competitive environment.
B) It is easy to find the right business.
C) The chances of succeeding are higher in small business start-ups than in acquiring a franchise.
D) The owner does not have to experience problems in establishing basic management systems and controls when starting his/her own business.

Question

Quizplus · Accepted Answer

One of the main reasons for starting a new business is to have the freedom to select the competitive environment in which the owner wants to operate. This allows for greater control over the direction of the business and potential for success. The other options are not accurate reasons for starting a new business.

Which of the Following Is a Reason for Starting a New