Which of the Following Statements Is True Regarding the Failure

question 47

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.

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