More Than Half of All New Businesses Fail Within __________

question 267

Multiple Choice

More than half of all new businesses fail within __________ years of their launch.

• A)two
• B)three
• C)four
• D)five
• E)ten

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Definitions:

Rapid Adjustments

Quick changes or modifications made in response to internal or external factors impacting an organization or system.

Purchasing-supplier Satisfaction Model

A framework for evaluating the relationship and satisfaction levels between buyers and suppliers in procurement.

Fairness

The quality of being impartial, just, and equitable in decisions, treatments, and interactions among individuals or groups.

Stability

The state of being steadfast and not prone to change, which ensures reliability and predictability in processes or systems.