QUIZ 20 - Missed 1 Question 1 (1 point) The business life...

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Question 1 (1 point) The business life cycle is the sequence or pattern of developmental stages any business goes through during its life span. True False Question 2 (1 point) Slack resources are any profits that are earned during slower periods of business. True False Question 3 (1 point) A high-growth venture is a firm started with intent of always remaining privately held. True False Question 4 (1 point) Tax management is an estate planning strategy which focuses on maximizing estate tax payments. True False Question 5 (1 point) Serial entrepreneurs open multiple businesses throughout their career. True False Question 6 (1 point) The ____________ stage is defined by having a business in operation, but not yet stable in terms of markets, operations, or finances. emergence existence survival resource maturity Question 7 (1 point) ______________ is the set of risks faced by firms early in their life cycles that comes from a lack of knowledge by owners about their business and their customers. liability of compliance
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This note was uploaded on 06/29/2011 for the course BUS 350 taught by Professor Na during the Spring '11 term at American River.

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QUIZ 20 - Missed 1 Question 1 (1 point) The business life...

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