Question

Business incubators provide assistance to established companies attempting to generate foreign sales.

Answer 1

Business incubators assist established companies attempting to generate foreign sales. This statement is false.

What is Business?

• The practice of earning a living or generating revenue via the production, acquisition, and sale of items is known as business (such as goods and services).  
• Additionally, it includes "any activity or enterprise undertaken for profit."
• The owner of the business is responsible and liable for any obligations made by the business since the business entity is not legally distinguished from the owner by the use of a business name.

What do you mean by the company?

• A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two.
• Members of the company work together for a shared cause to accomplish clearly stated objectives.
• Companies come in many shapes, including voluntary associations, such as nonprofit organizations, for-profit companies, banks, and programs, or educational institutions, whose goal is to make a profit.

Learn more about Business here:

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