When selecting a form of business venture, considering potential conflicts and mechanisms to resolve disputes refers to which of the following factors?
A) Creation
B) Continuity
C) Liability
D) Managerial control
E) Taxation

Question

Quizplus · Accepted Answer

Usually, when people are excited about getting started in a business opportunity, no one takes time to discuss methods of resolving potential deadlocks. The failure to consider how to overcome disputes involving managerial control can cause business activities to suffer and the organization to fail. Therefore, consideration of potential conflict and mechanisms to resolve disputes are essential to consider when selecting a form for a business venture.

When Selecting a Form of Business Venture, Considering Potential Conflicts