Nancy and Gary had been friends since elementary school. During their senior year, Nancy told Gary about an idea she had for a business in the local community. She had done some research and thought that her idea could be turned into a profitable business. After high school graduation, Nancy went off to college, and Gary stayed home and went to the local community college. Since Nancy had not acted on her business idea before leaving for college, Gary decided that he would try to open a business using Nancy’s idea. What do you think about Gary’s actions? Is he doing the right thing?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Nancy and Gary had been friends since elementary school. During their senior year, Nancy told Gary about an idea she had for a business in the local community. She had done some research and thought that her idea could be turned into a profitable business. After high school graduation, Nancy went off to college, and Gary stayed home and went to the local community college. Since Nancy had not acted on her business idea before leaving for college, Gary decided that he would try to open a business using Nancy’s idea. What do you think about Gary’s actions? Is he doing the right thing?
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