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About 51 Percent of New Businesses Fail Within Five Years

question 62

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About 51 percent of new businesses fail within five years.


Definitions:

Concrete Operations

A stage in Piaget's theory of cognitive development where children aged 7 to 11 years can logically think about concrete events and objects.

Bilingual

Using or capable of using two languages with nearly equal or equal facility.

Giftedness

A term used to describe individuals, often children, who exhibit high levels of aptitude or competence in one or more domains such as intellectual, creative, artistic, or leadership capacity.

IQ Score

A measure of a person's cognitive abilities and potential, usually represented as a score derived from standardized tests.

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