A small business in the birth stage of its life cycle requires:
A) diversified leadership.
B) corporate leadership.
C) entrepreneurial leadership.
D) professional strategic leadership.

Question

Quizplus · Accepted Answer

In the birth stage of a small business, it is essential to have entrepreneurial leadership. This leadership style involves taking risks and being innovative, which is crucial for a business in its early stages of development. Diversified leadership, corporate leadership, and professional strategic leadership may be necessary at later stages of the business life cycle, but in the birth stage, entrepreneurial leadership is crucial.

A Small Business in the Birth Stage of Its Life