Protected environments for new, small business are known as
A)business incubators.
B)business accelerators.
C)business shelters.
D)skunkworks.
E)bootleggers.

Question

Quizplus · Accepted Answer

The term "business incubator" refers to a program or facility designed to provide support, resources, and guidance to new and small businesses. These incubators are intended to help with the development and growth of the businesses within, providing a protected environment that can help them gain traction and thrive. Business accelerators, on the other hand, are programs or entities designed to help already-established businesses grow and expand more rapidly. Business shelters and bootleggers are not commonly used terms in this context, while skunkworks typically refer to secretive innovation or research projects within larger organizations.

Protected Environments for New, Small Business Are Known as