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Which of the Following Statements Is False

question 125

Multiple Choice

Which of the following statements is false?


Definitions:

Service-intensive Business

A type of enterprise that primarily offers services rather than goods, requiring a high level of customer interaction and support.

Startups

Newly established businesses, typically in the technology sector, focused on a unique product or service.

Existing Businesses

Companies or enterprises that have been operational for a period of time and are not newly established.

Franchises

Business models where individuals can buy the rights to open and operate a location of a larger company.

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