Identify a true statement about the potential founder of a new business.
A)The founder of a new business needs to be intimately involved in its designing, funding, and running.
B)An individual who wishes to start a new business should not confine himself or herself to generating ideas based on skills he or she already has.
C)An entrepreneur must avoid involving his or her family in a new venture, because such a partnership has a negative impact on the running of the business.
D)An entrepreneur must quickly act on any opportunity he or she identifies to maximize profits.

Question

Quizplus · Accepted Answer

For a new business to succeed, the founder needs to be deeply involved in its various aspects, such as designing, funding, and running of the business. Without the founder's involvement, the business may not reach its potential or may even fail.

Identify a True Statement About the Potential Founder of a New