What is NOT true about Zenefits?
A) Its example illustrates some of the problems that start-ups face when growth is too rapid.
B) The exponential growth of its employees in such a short time wound up presenting major operational issues.
C) While it started working solely with small business, the company only started seeing significant profit when it made the decision to sell to much larger businesses.
D) Many of the issues that it experienced were through lack of training and improper licensing of employees, especially salespeople and agents.

Question

Quizplus · Accepted Answer

Zenefits faced significant challenges due to rapid growth, including operational issues and regulatory compliance problems, particularly related to the training and licensing of its workforce. However, the statement that it only started seeing significant profit when it shifted to selling to larger businesses is not accurate. Zenefits primarily targeted small and medium-sized businesses, and its issues were not necessarily about the market segment it served but more about how it managed its rapid growth and compliance with regulations.

What Is NOT True About Zenefits