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Question
Which of the following is true of the emergence stage of a business life cycle?A. Emergence is the stage in which a person thinks about and takes actions toward closing down a firm.
B. Getting from entrepreneurial thinking to entrepreneurial action is the challenge of the emergence stage.
C. Having the business in operation, but not yet stable in terms of markets, operations, or finances is the primary characteristic of the emergence stage.
D. In a business life cycle the emergence stage takes place after the survival stage.
Answer
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