Georgia Assessments for the Certification of Educators GACE Practice Test

A high school student expresses interest in starting her own auto repair business after graduating from high school. She could best prepare for such a career by:

1. Getting a college degree in finance and then completing an MBA program

2. Getting an internship or part time job at an auto-repair shop

3. Taking small business finance, law, and accounting courses

4. B and C only

The correct answer is: B and C only

The most effective way for the high school student to prepare for starting her own auto repair business is through a combination of gaining practical experience and acquiring relevant knowledge in business fundamentals. Securing an internship or part-time job at an auto-repair shop provides her with hands-on experience in the industry. This real-world exposure will allow her to understand the operational aspects of running an auto repair business, including customer service, daily operations, and technical skills specific to auto repair. Additionally, taking courses in small business finance, law, and accounting is essential for any aspiring business owner. These subjects will give her a solid understanding of how to manage finances, understand legal requirements, and keep accurate records—crucial components of running a successful business. Combining practical experience with business education equips her with both the technical skills she needs and the foundational knowledge necessary to navigate the complexities of entrepreneurship. This dual approach is more relevant to her aspirations than pursuing a college degree in finance and an MBA, which may not directly relate to the specific skills and knowledge required for operating an auto repair business.