Multiple Choice
Which of the following statements is TRUE regarding the failure rates of new businesses?
A) It is possible to calculate a precise figure that represents all types of businesses across all industries.
B) The definition of "failure" remains the same across businesses and business owners.
C) Establishing a time frame is not essential for a failure rate to have any meaning.
D) Structural changes in the economy are unrelated to the failure rates of new businesses.
E) The failure rate of new businesses is usually high during the first year.
Correct Answer:
Verified
Correct Answer:
Verified
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