Choose the correct definition for long-term viability.
A)The ability to produce cash from the business to meet current obligations
B)The ability to meet long-term obligations as they fall due for payment
C)The ability of the business to continue to operate profitably
D)The ability of the business to borrow further funds if needed

Question

Quizplus · Accepted Answer

Long-term viability refers to the ability of a business to continue operating profitably over an extended period, ensuring its sustainability and success.

Choose the Correct Definition for Long-Term Viability