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Why Do Many Businesses Fail During the Early Years

question 101

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Why do many businesses fail during the early years?


Definitions:

Empirical Testing

The method of using observation and experiment to test hypotheses and theories, often employed in the scientific method.

Thematic Apperception Test (TAT)

A projective psychological test that involves creating stories about ambiguous scenes, used to explore a person's emotions, drives, and needs.

Recurs

Something that occurs again, either periodically or sporadically.

Element

A pure chemical substance consisting of one type of atom, distinguished by its atomic number, which is the number of protons in its nucleus.

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