Which of the following attributes is most likely to be associated with the existence stage of a small business life cycle?

Question

Quizplus · Accepted Answer

In the existence stage, the small business is just starting out and is typically dealing with the tasks of organizing and establishing the business. This usually involves incurring overhead costs such as rent, equipment, and initial inventory. The business idea may have been developed, but it has yet to begin operating, which rules out option A. Guarantee of sales and absence of risk are less likely to be associated with this stage of the small business life cycle.

Which of the Following Attributes Is Most Likely to Be