Which of the Following Is a Reason a Company Would

question 149

Multiple Choice

Which of the following is a reason a company would be willing to accept new business at a loss?

• A)The new business will allow the company to reduce its fixed costs.
• B)The new business will always cover variable costs.
• C)The new business may result in certain customers influencing other potential customers.
• D)All of these ans choices are correct.

Acknowledge the barriers to entrepreneurship for women and minorities.

Understand the significance of first-mover advantage and lean startup concepts.

Comprehend the challenges and reasons for failure in new ventures.

Understand the role of necessity-based entrepreneurship and differentiate between opportunity-driven and necessity-driven entrepreneurs.

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