Since the 1930s, the average life (in years) of a Fortune 500 company has ______.
A)increased slightly
B)fallen slightly
C)increased significantly
D)fallen significantly

Question

Quizplus · Accepted Answer

The average life of a Fortune 500 company has fallen significantly since the 1930s. In the 1930s, the average life of a company on the list was around 90 years. Now, it is around 18 years. This is due to factors such as increased competition, technological disruption, and changing consumer preferences.

Since the 1930s, the Average Life (In Years) of a Fortune