Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Which of the following statements best describes a "gazelle?"
a. A business with at least 20 percent growth every year.
b. A business with no sales growth.
c. A business that has acquired numerous firms.
d. An inventor turned business person.

Sagot :

GinnyAnswer

Final answer:

A gazelle business is a rapidly growing company with substantial annual growth rates.


Explanation:

A gazelle business refers to a rapidly growing company, typically characterized by experiencing at least 20 percent growth every year. These businesses are often young, innovative, and dynamic, quickly expanding their market presence.

For example, a start-up that doubles its revenue annually would be considered a gazelle business due to its rapid growth rate. Such firms play a significant role in driving economic development and job creation.

The term 'gazelle' in the business context highlights the agility and speed at which these companies grow in the market.


Learn more about Gazelle business growth here:

https://brainly.com/question/38488522


Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.