The Savvy Entrepreneurial Firm feature in Chapter 9 focuses on how business founders overcome a lack of business experience. Which of the following was not mentioned as a practical way for a new business founder to overcome a lack of business experience?
A) Hiring consultants from a major consulting firm (e.g., Bain & Company or McKinsey & Company)
B) Taking on a partner that has business experience
C) Getting help from a Small Business Development Center
D) Joining a Meetup group
E) Participating in online forums

Question

Quizplus · Accepted Answer

While the other options all provide practical ways for new business founders to gain experience and knowledge, hiring consultants from a major consulting firm can be expensive and may not be feasible for all new businesses.

The Savvy Entrepreneurial Firm Feature in Chapter 9 Focuses on How