Question

Research on entrepreneurship has indicated that the stage in which failure of an entrepreneurial venture occurs is most likely in the

A growth stage
B decline stage
C maturity stage
D start-up stage

Answer 1

The failure of an entrepreneurial venture is most likely to occur in the start-up stage due to uncertainties and challenges faced by businesses in their early phases.

Step-by-step explanation:

The failure of an entrepreneurial venture is most likely to occur in the start-up stage.

During the start-up stage, the business is in its early phases and still establishing a customer base, testing its product or service, and facing uncertainties related to market demand and competition.

According to research on entrepreneurship, many start-up businesses fail due to poor management, lack of sufficient funding, or inability to adapt to market changes.