5
QuizMultiple Choice

Employment, Entrepreneurship, and Compensation

Question 5 • FL-2102373-Personal Finance and Money Management Honors

Which of these is a productive strategy to grow a new business?

Answer
A
funding the new business with loans
B
reading and researching without external help
C
creating a business plan that does not allow for flexibility
D
networking to develop business relationships by joining professional organizations

Explanation

Networking through professional organizations helps a new business build relationships with potential customers, partners, and mentors. Those connections can lead to useful advice and business opportunities. The other choices are less productive: relying only on loans creates debt, researching without outside help limits input, and an inflexible business plan makes it harder to adapt.

AI-written and checked against the verified answer.

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