Which of the following is true of the effects of business incubators in establishing a business operation?
A)They are a potential setting for new businesses, except nonfood service businesses, to fund their initial operations.
B)They offer office space for new businesses at reduced rates and provide services such as a receptionist.
C)They maintain the liquidity of the business by entering into agreements with financiers and creditors.
D)They are usually swamped with failing businesses that face bankruptcy and would like to be considered for a turnaround.

Question

Quizplus · Accepted Answer

Business incubators offer office space for new businesses at reduced rates and provide services such as a receptionist. While they may also potentially fund initial operations, this is not necessarily true for all business incubators. The statement about maintaining liquidity and being swamped with failing businesses is not accurate for the typical function of business incubators.

Which of the Following Is True of the Effects of Business