Scenario-Based
Brothers Ronnie and Jacob are both in college; Ronnie is a senior and Jacob a sophomore.They're both majoring in business administration and want to open a small business a few years after graduation.They understand that it's important to gain more management experience and build good credit ratings.Ronnie wants more security in his work and would be satisfied working with an older partner until he "learns the ropes." More than Jacob, he'd prefer a business that's been established for a few years.Although he likes a certain degree of independence, he's willing to follow directions and take advice.Jacob, on the other hand, wants more freedom to make his own choices and to succeed or fail on his own merits.He's quite creative and likes to set his own rules.
-By following your advice, Ronnie would probably enjoy all of the advantages of small business ownership _____.
A)time commitment
B)financial rewards
C)lifestyle freedom
D)creative freedom and personal satisfaction

Question

Quizplus · Accepted Answer

Ronnie's preference for working with an older partner and being willing to take advice shows that he values security and the opportunity to learn. These factors are more indicative of wanting a stable and secure job rather than the creative and independent lifestyle that Jacob desires. Therefore, Ronnie would probably enjoy all of the advantages of small business ownership that come with a time commitment, such as building a good credit rating and gaining management experience, rather than the lifestyle freedom and creative freedom of owning his own business.

Scenario-Based Brothers Ronnie and Jacob Are Both in College; Ronnie Is