d. Lack of revenue"Small businesses are important to a country's economy." Select which of the following below justify thestatement.a. All the options are correctb. They generate employment opportunitiesC. They can produce more goodsO d. They can be innovators of new products.lenovo

The correct option is a, that is, all the options are correct. Small business are regarded as…

"Small businesses are important to a country's economy." Select which of the following below justify the statement. O a. All the options are correct O b. They generate employment opportunities O c. They can produce more goods O d. They can be innovators of new products.

"Small businesses are important to a country's economy." Select which of the following below justify the statement. O a. All the options are correct O b. They generate employment opportunities O c. They can produce more goods O d. They can be innovators of new products.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Venture Development Process

To create a startup company around a licensed university technology is referred to as venture development. A venture development firm can assist entrepreneurs in identifying and developing a prospective commercialization strategy, be an incubator, test target market assumptions, recruit university and non-university innovative resources and talented team members, and obtain early-stage finance. Commercialization grants, internal and external small business owners, governmental and local finance systems, and private funds are all possible sources of funding. This activity, when combined with strong intellectual property resources, accelerates early commercialization efforts and better prepares university-affiliated business owners for other types of funding.

Question

d. Lack of revenue
"Small businesses are important to a country's economy." Select which of the following below justify the
statement.
a. All the options are correct
b. They generate employment opportunities
C. They can produce more goods
O d. They can be innovators of new products.
lenovo

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