Asked by Silvia Gopalakrishnan on Jun 26, 2024

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The goal of business incubators is to

A) ensure that established businesses retain their competitive advantage.
B) aid third generation family businesses resolve family business feuds.
C) formulate a succession plan for established family businesses.
D) increase the survival rates for new start-ups.
E) establish social enterprises.

Business Incubators

Entities structured to boost the development and prosperity of start-up businesses by offering a variety of business support tools and services.

Survival Rates

The percentage of individuals or entities that continue to exist after a certain period of time or through specific challenges.

Start-Ups

Newly established businesses often characterized by innovation and aimed at fulfilling a specific market need or niche.

  • Comprehend the assistance frameworks available for small enterprises, encompassing business incubators and development centers.
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AT
ANIKA TASNIMJun 28, 2024
Final Answer :
D
Explanation :
The goal of business incubators is to increase the survival rates for new start-ups by providing them with resources and support to help them succeed.