Questions: Multiple Select Question Select all that apply Which of the following statements about incubators are correct? They provide many critical services to new businesses. They provide office machines and basic furniture to new businesses. They provide common receptionists to new businesses. They often provide start-up capital to new businesses.

Multiple Select Question Select all that apply Which of the following statements about incubators are correct? They provide many critical services to new businesses. They provide office machines and basic furniture to new businesses. They provide common receptionists to new businesses. They often provide start-up capital to new businesses.
Transcript text: Multiple Select Question Select all that apply Which of the following statements about incubators are correct? They provide many critical services to new businesses. They provide office machines and basic furniture to new businesses. They provide common receptionists to new businesses. They often provide start-up capital to new businesses.
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Solution

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Answer

The correct statements are:

  • They provide many critical services to new businesses.
  • They provide office machines and basic furniture to new businesses.
  • They provide common receptionists to new businesses.
Explanation
Option 1: They provide many critical services to new businesses.

Incubators are designed to support the growth and success of new businesses by offering a range of services such as mentorship, networking opportunities, and business development resources. This statement is correct.

Option 2: They provide office machines and basic furniture to new businesses.

Incubators often offer shared office spaces equipped with necessary office machines and furniture, allowing startups to reduce overhead costs. This statement is correct.

Option 3: They provide common receptionists to new businesses.

Incubators may offer shared administrative services, including receptionists, to help startups manage their operations more efficiently. This statement is correct.

Option 4: They often provide start-up capital to new businesses.

While some incubators may offer financial support or connect startups with potential investors, providing start-up capital is not a primary function of most incubators. This statement is generally not correct.

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