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Which of the Following Is the Most Significant Disadvantage of Starting

question 73

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Which of the following is the most significant disadvantage of starting a business from scratch?


Definitions:

Laggard

An individual or entity that is slow to adopt new technologies, ideas, or practices, often trailing behind the majority in terms of innovation adoption.

Rotary-dial Telephone

An early type of telephone using a rotating dial to input numbers, prevalent before the introduction of touch-tone dialing.

Late Majority

A group of consumers who adopt a new product or technology after the average member of society, showing skepticism towards new innovations.

Microwave

An electric appliance that uses microwave radiation to heat or cook food rapidly, common in kitchens for its convenience.

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