Statistics on Small Business Failure Rates Indicate That ___ of New

question 232

Multiple Choice

Statistics on small business failure rates indicate that ___ of new businesses fail in their first five years of operation.

• A) less than 20 percent
• B) 20 to 40 percent
• C) about half
• D) 60 to 80 percent
• E) more than 80 percent

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Definitions:

Population

Refers to the total number of individuals or entities within a specified area or group at a certain time.

Representative

An individual or entity appointed to act on behalf of another, often in sales, customer service, or legislative circumstances.

Chatter Telephone

A classic pull toy introduced by Fisher-Price in 1962 featuring a smiling face and a rotary dial that rings.

Noisemaker

An object or device that produces a loud or surprising sound, often used for signaling or celebration.