Starting a New Company Is Easiest in Which of the Following

question 52

Multiple Choice

Starting a new company is easiest in which of the following conditions?

• A) An industry in the mature stage of its life cycle.
• B) An industry that requires high fixed costs to get started.
• C) An industry that has low R&D intensity.
• D) An industry that has few segmented markets.
• E) An industry that has many segmented markets.

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Definitions:

Diffuse Status Characteristics

Social attribute of a person that influences evaluations and beliefs about that person’s general competence.

Burden-of-Proof

The obligation to prove one's assertion or claim, often used in legal contexts where one party must show evidence to prove their case over the other.

Reducing Power

The ability of a substance to donate electrons in a redox chemical reaction, thereby reducing another substance.

Evolutionary Theory

A scientific explanation for the diversity of life, proposing that organisms change over time through processes of natural selection and genetic variation.