About 52 Percent of New Businesses Fail Within Five Years

question 39

True/False

About 52 percent of new businesses fail within five years.

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Definitions:

Humanistic Psychologists

Psychologists who focus on the study of the whole person, emphasizing personal growth and the concept of self-actualization.

Growth Potential

The capacity or ability of an individual or organization to grow or develop abilities, capacities, or size over time.

Rogers and Maslow

Two psychologists known for their humanistic approach to psychology, emphasizing individual potential and self-actualization.

Ivan Pavlov

A Russian physiologist best known for developing the concept of the conditioned reflex through his work on classical conditioning.