Of the following four, select the most relevant factor for sustainable success of a start-up.
Understand the Problem
The question asks to identify the most relevant factor for the sustainable success of a start-up based on case studies discussed in a course on entrepreneurship. It provides multiple choices related to the factors influencing start-up success.
Answer
Technological efficiency with financial sufficiency.
The final answer is Technological efficiency has to be combined with financial sufficiency for sustainable success.
Answer for screen readers
The final answer is Technological efficiency has to be combined with financial sufficiency for sustainable success.
More Information
A sustainable start-up often requires a balance between technological efficiency and financial resources to adapt and thrive in evolving markets.
Tips
A common mistake is assuming one factor alone can ensure sustainability; a combination of elements is usually necessary.
Sources
- Sustainable venture capital - Catalyst for sustainable start-up success? - researchgate.net
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