The Life Span of Most Businesses Is _______, Primarily Because

question 16

Multiple Choice

The life span of most businesses is _______, primarily because of lack of _______.

• A) Two years; money
• B) One and one-half generations; delegation
• C) Short; plant and equipment
• D) One hundred years; systems and procedures
• E) None of these

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Definitions:

Competitiveness

The ability of a company, region, or country to produce goods and services that meet the test of international markets while simultaneously maintaining or expanding the real incomes of its citizens.

Human Capital Investments

Are investments people make in themselves to increase their value in the workplace. These investments might take the form of additional education or training.

Differentiate

To distinguish or set apart different items, concepts, or entities based on their unique characteristics or qualities.

Organization Anticipates

The process by which organizations attempt to foresee future challenges or opportunities and prepare accordingly.