Which of Following Statements Regarding Business Start-Ups and Exits in the United

question 28

Multiple Choice

Which of following statements regarding business start-ups and exits in the United States is false?

• A) The number of start-up businesses has been shrinking steadily since the year 2000.
• B) A business exits the market when it remains closed for one year and has no employees.
• C) Starting a new business requires taking risks and embracing change.
• D) The growth of new businesses is adding net new jobs to the U.S. economy.
• E) New businesses demand long hours and a certain amount of financial uncertainty.

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Definitions:

Crisis Management

The process by which an organization deals with a disruptive and unexpected event that threatens to harm the organization or its stakeholders.

Cognitive Styles

The preferred way an individual processes information, often influencing learning, problem-solving, and decision-making.

Intuitive Feelers

Individuals who make decisions based on intuition and subjective evaluation, often considering personal and others' feelings.

Proactive Managers

Leaders who anticipate future challenges and opportunities and take early action to address them effectively.