Asked by La Vida de una Guerrera on Jul 03, 2024
Verified
The SLU Data Processing Center is located on university property, where it leases the location space for lower-than-market rent. The university also provides office supplies and equipment at a discounted rate. SLU is most likely situated in what type of business location?
A) incubator
B) stand-alone location
C) shopping center
D) central business district
Incubator
A program or facility designed to help new and startup companies develop by providing services such as management training or office space.
Lower-Than-Market Rent
Rental rates offered at a price below the current market average, often used as an incentive or for strategic reasons.
- Understand the significance and function of business incubators in supporting startups, highlighting advantages like reduced rental costs and opportunities for networking.
- Identify the differences among multiple business venues and their strategic importance.
Verified Answer
ZK
Zybrea Knight
Jul 06, 2024
Final Answer :
A
Explanation :
Incubators often provide startups or new ventures with low-cost space, resources, and support to help them get established, which aligns with the description of SLU Data Processing Center's benefits.
Learning Objectives
- Understand the significance and function of business incubators in supporting startups, highlighting advantages like reduced rental costs and opportunities for networking.
- Identify the differences among multiple business venues and their strategic importance.