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  • Basics of Business Online Quiz
  • Approximately four out of five businesses fail in their f...
Multiple choice

Approximately four out of five businesses fail in their first _______ years.

  1. 2

  2. 7

  3. 5

  4. 8

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Small business statistics frequently cite that a high percentage of new businesses fail within the first five years due to various factors like poor management or lack of capital.

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