Question:
There are many reasons why individuals want to run their own businesses. Some foresee more personal satisfaction if they are successful in launching their own business, while others are interested mainly in the prospect of larger financial rewards. Since 1980s and early 1990s tax regulation and liberal policies nave encouraged increasing number of venture capitalists and entrepreneurs to start new enterprises. Since 1990, some one-half million new ventures have been started. Not all have succeeded, of course.
The above statement makes which of the following assumptions?
There are many reasons why individuals want to run their own businesses. Some foresee more personal satisfaction if they are successful in launching their own business, while others are interested mainly in the prospect of larger financial rewards. Since 1980s and early 1990s tax regulation and liberal policies nave encouraged increasing number of venture capitalists and entrepreneurs to start new enterprises. Since 1990, some one-half million new ventures have been started. Not all have succeeded, of course.
The above statement makes which of the following assumptions?
The above statement makes which of the following assumptions?
Updated On: Sep 25, 2024
- Success in starting a new business depends in large part on sound financial planning.
- Venture capitalists are motivated by non monetary gains.
- Social incentives motivate investors just as much as financial rewards.
- Most new business ventures succeed initially but fail later on.
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The Correct Option is C
Solution and Explanation
The correct option is (C): Social incentives motivate investors just as much as financial rewards.
Explanation: The statement discusses the motivations behind individuals starting their own businesses, highlighting personal satisfaction and financial rewards. Option C suggests that social incentives motivate investors as much as financial rewards, aligning with the idea that motivations can extend beyond just monetary gains. The other options focus more on financial planning or success rates, which are not directly implied in the original statement. Therefore, the correct answer is Option C – Social incentives motivate investors just as much as financial rewards.
Explanation: The statement discusses the motivations behind individuals starting their own businesses, highlighting personal satisfaction and financial rewards. Option C suggests that social incentives motivate investors as much as financial rewards, aligning with the idea that motivations can extend beyond just monetary gains. The other options focus more on financial planning or success rates, which are not directly implied in the original statement. Therefore, the correct answer is Option C – Social incentives motivate investors just as much as financial rewards.
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