Which of the following statements regarding firm growth is incorrect?
A) Most entrepreneurial firms want to grow.
B) Growth in sales revenue is a poor indicator of an entrepreneurial firm's potential to survive today and be successful tomorrow.
C) Firm growth is exciting.
D) Many entrepreneurial firms have grown quickly, producing impressive results for their employees and owners.
E) Growing a business successfully requires preparation, good management, and an appreciation of the issues involved.
Correct Answer:
Verified
Q14: According to the textbook, there are three
Q15: Business success doesn't always scale.
Q16: Most entrepreneurial firms are reluctant to try
Q17: In regard to firm growth, evidence shows
Q18: Which of the following is NOT one
Q20: Which of the following is NOT an
Q21: Sometimes firms are compelled to grow to
Q22: _ are(is) generated when increasing production lowers
Q23: Market leadership occurs when a firm holds
Q24: Which of the following is NOT one
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents