Asked by Jalon Lipford on Jun 05, 2024
Verified
Bruce A. Kirchhoff tracked over 800,000 businesses for eight years. During this time ____ percent of small businesses tracked by Kirchhoff went out of business with unpaid bills.
A) 52
B) 80
C) 29
D) 74
E) 18; 8
Bruce A. Kirchhoff
An academic notable for contributions to the fields of entrepreneurship and small business management.
Small Businesses
Enterprises characterized by having a small number of employees, low volume of sales, and relatively limited market influence.
Out of Business
signifies a status where a company ceases operations, often due to financial problems or inability to sustain its business model.
- Comprehend both the conceptual foundations and pragmatic approaches to entrepreneurship, including the determinants of business triumph and downfall.
Verified Answer
Learning Objectives
- Comprehend both the conceptual foundations and pragmatic approaches to entrepreneurship, including the determinants of business triumph and downfall.
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