Which of the following statements about a business incubator is true?
A) It gives up control since every business is run the same way.
B) It typically provides shared office space, management support services, and management legal advice.
C) It develops an international business.
D) It provides an established name and advertising.
E) It pre-sells products or offers products or services in exchange for funds.

Question

Quizplus · Accepted Answer

A business incubator typically provides shared office space, management support services, and management legal advice to help startups grow and succeed. It does not give up control of the businesses nor does it provide an established name and advertising. It may help develop an international business, but that is not the primary function of a business incubator. It also may not pre-sell products or offer products or services in exchange for funds.

Which of the Following Statements About a Business Incubator Is