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What kinds of problems is this owner trying to avoid?PTS:1REF:p. 6OBJ:1-3 TYPE: C8.
You Make the Call - Situation 2Nineteen-year-old Kiersten Berger, now in her second year at a local community college, has begun to think about starting her own business. She has taken piano lessons since she was seven years old and is regarded as a very good pianist. The thought has occurred to her that she could establish a piano studio and offer lessons to children, young people, and even adults. The prospect sounds more attractive than looking for a salaried job when she graduates in a few months.
Question 1If Kiersten Berger opens a piano studio, will she be an entrepreneur?Question 2Which type of reward(s) will be greatest in this venture?Question 3Even though she is an artisan, she will need to make decisions of a business nature. What decisions or evaluations may be especially difficult for her?