NewBizHelp works with small and growing new businesses and guides them through the initial hurdles of a start-up. It is specific about its clients and serves only particular business sectors. It works with a start-up to provide them office space, legal and accounting guidance, computer and technological services, and other prerequisites required to run a business. In this scenario, NewBizHelp is considered a _____.
A) business accelerator
B) business pump
C) business incubator
D) business cradle

Question

Quizplus · Accepted Answer

NewBizHelp is considered a business incubator because it supports start-ups and new businesses through their initial stages by providing services such as office space, legal and accounting guidance, and technological support, which are typical functions of a business incubator.

NewBizHelp Works with Small and Growing New Businesses and Guides