which of the following statements about businesses are true? select two that apply. a a business should not…

which of the following statements about businesses are true? select two that apply. a a business should not continue in an industry in which it is not successful. b a business can be in more than one industry. c a business must be a part of two or more industries to survive. d a business can and should be a part of only one industry.

which of the following statements about businesses are true? select two that apply. a a business should not continue in an industry in which it is not successful. b a business can be in more than one industry. c a business must be a part of two or more industries to survive. d a business can and should be a part of only one industry.

Answer

Brief Explanations:

A business can diversify and operate in multiple industries (B is true). Also, if a business is not successful in an industry, it may choose to exit (A is a valid business - decision principle). A business doesn't have to be in multiple industries to survive (C is false), and it's not always the case that a business should be in only one industry (D is false).

Answer:

A. A business should not continue in an industry in which it is not successful. B. A business can be in more than one industry.