Asked by Jeeva Senthilnathan on May 11, 2024
Verified
A(n) ___ is a new and temporary venture that is trying to discover a profitable business model for future success.
A) family business
B) intrapreneurship
C) start-up
D) business incubator
E) acquisition
Profitable Business Model
An organizational strategic plan that outlines how a company creates, delivers, and captures value in a way that will generate profits.
Temporary Venture
A project or enterprise established for a limited time period, focusing on achieving a specific goal or fulfilling a particular market need.
Start-up
A young company founded to develop a unique product or service and bring it to market.
- Comprehend the nature and challenges of starting and operating a start-up.
Verified Answer
DF
daisy fuentesMay 18, 2024
Final Answer :
C
Explanation :
A start-up is a new and temporary venture that is attempting to develop a profitable business model for future growth. Family business is one that is owned and operated by members of the same family. Intrapreneurship is a system where employees work within a company to develop new ideas and projects without bearing the risk of starting their own business. Business incubators are a supportive environment that provides resources and advice for startup companies to help them grow. Acquisition is the process of one company purchasing another.
Learning Objectives
- Comprehend the nature and challenges of starting and operating a start-up.