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Uomo Uomo
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8 years ago
The high failure rate among new ventures is due in part to the liability of newness, which refers to the fact that new companies often falter because:
A) the people who start the firms can't adjust quickly enough to their new roles and they are underfunded
B) the people who start the firms can't adjust quickly enough to their new roles and the firm lacks a "track record" with outside buyers and sellers
C) they underestimate the complexities involved with starting a new business and the firm lacks a "track record" with outside buyers and sellers
D) they are underfunded and the founder's of the firms don't move quickly enough to put together boards of directors and boards of advisors that can provide them direction and advice
E) they underestimate the complexities involved with starting a new business and they don't move quickly enough to establish business partnerships
Textbook 
Entrepreneurship: Starting and Operating a Small Business

Entrepreneurship: Starting and Operating a Small Business


Edition: 3rd
Authors:
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Registered in a two-year entrepreneurship course
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fashionfashion
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8 years ago
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Uomo Author
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#2
8 years ago
Problem solved, thanks...
Registered in a two-year entrepreneurship course
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#3
8 years ago
Thanks for getting back to us Slight Smile
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