Approximately What Percentage of New Businesses Fail in Their First

question 100

Multiple Choice

Approximately what percentage of new businesses fail in their first year?

• A) 20%
• B) 40%
• C) 60%
• D) 80%

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Definitions:

Dysfunctional Teams

Groups in which conflict, miscommunication, or poor leadership hinder the achievement of goals.

Patrick Lencioni

An author and speaker known for his work on business management, particularly around team dynamics and organizational health.

Virtual Team

A group of individuals who work together from different geographic locations, supported by electronic communication technologies.

Empowered Decisions

Choices made with confidence and authority, often backed by the support and resources needed to implement them effectively.