A(n) _____ is a new and temporary venture that is trying to discover a profitable business model for future success.

Question

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A startup is a new and temporary venture that is trying to discover a profitable business model for future success. This is different from a family business, which is typically passed down from generation to generation, and intrapreneurship, which refers to entrepreneurial activities within an existing organization. Business incubators are organizations that support the development of startups, but they are not the same as startups themselves. Acquisition refers to the process of one company buying another, which is not the same as starting a new venture from scratch.

A(n) _____ Is a New and Temporary Venture That Is