About One in Five New Businesses Fails in the First

question 50

True/False

About one in five new businesses fails in the first eight years.

---

Definitions:

Closed Group

A restricted group where membership is fixed from the beginning to the end of a group's lifespan, not allowing new members to join midway.

Efforts Rejected

The experience of having one's endeavors or contributions dismissed or not acknowledged by others.

Intranet Site

A private network accessible only to an organization's staff, often used to store, share, and manage internal information.

Two-Day Workshop

A short, intensive, educational program spread over two days, designed to teach or introduce practical skills, techniques, or ideas.