Multiple choice

Which of the following are the four main reasons for starting a business?

  1. Fulfil a market need, a social need, independence and profit

  2. Fulfil a market need, work less hours, social need, profit

  3. Make a profit, independence, a social need, become famous

  4. Make a profit, fulfil a social, market need and pay taxes
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Starting a business is typically driven by the desire to fulfill a market need, address a social need, achieve personal independence, and generate profit. Other options include extraneous or incorrect goals like becoming famous.

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