Which of the following is one of the major liabilities of start-ups?
A)Acuteness
B)Completeness
C)Validness
D)Complexness
E)Smallness

Question

Quizplus · Accepted Answer

Start-ups have at least two major liabilities: newness and smallness. New companies are relatively unknown and need to learn how to be better than established competitors at something that customers value. Regarding smallness, the odds of surviving improve if the venture reaches a critical mass of at least 10 or 20 people, has revenues of $2 million or $3 million, and is pursuing opportunities with growth potential.

Which of the Following Is One of the Major Liabilities