Co-founders of a new business should have a clear definition of roles,which includes
A) the authority that each will have.
B) the responsibility that each will have.
C) the actions in which each should engage.
D) Only expected actions and authority (a and c) are included in definition of role..
E) All of these (a, b, and c) are included in definition of role.

Question

Quizplus · Accepted Answer

A clear definition of roles for co-founders of a new business should include all of the choices listed - the authority that each will have, the responsibility that each will have, and the actions in which each should engage. Only specifying expected actions and authority, or leaving out any of these elements, could lead to confusion or conflict between co-founders. Therefore, the best choice is E - all of these elements should be included in the definition of roles.

Co-Founders of a New Business Should Have a Clear Definition