According to research, what proportion of entrepreneurs who start businesses in the United States fail within the first 18 months?
a. 2 out of 10
b. 5 out of 10
c. 8 out of 10
d. 9 out of 10
c. 8 out of 10
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List three questions managers should consider when deciding whether to drop a product or a business segment.
What will be an ideal response?
Firms that invest resources to acquire entirely new knowledge, skills, and processes, that have the potential to influence the firm's direction practice
a. market pioneering. b. expeditionary marketing. c. learning orientation. d. competence exploration. e. value creation.
If two events A and B are not mutually exclusive, then P(A or B) = ________
Fill in the blank with correct word.
A person working as a separate business entity is called a(n):
a. entrepreneur. b. independent contractor. c. third party vendor. d. strategic business unit.