Shawn Sine decides to start his own business. How likely is Shawn to still be operating a successful business in seven years?
A) It depends on whether it is an e-business or not.
B) It is very likely because most small businesses are successful.
C) It is likely because the chance of failure is nearly equal to the chance for success.
D) It is unlikely because over half of all new small businesses fail.
E) It is very unlikely because almost all new businesses fail within the first three years.

Question

Quizplus · Accepted Answer

According to studies, over half of all new small businesses fail. Therefore, it is unlikely that Shawn will still be operating a successful business in seven years.

Shawn Sine Decides to Start His Own Business