Short Answer
The analysis reveals that less than half of businesses in the healthcare industry survive beyond five years, which is corroborated by data from a graph comparing survival rates across various industries. The conclusion emphasizes that the healthcare sector has a notably low survival rate, making it critical to recognize the challenges these businesses face.
Step 1: Understand the Statement
The key assertion is that less than half of businesses in the healthcare industry survive beyond five years. This is the main focus derived from the graph’s data. It’s essential to grasp what is being claimed, as it directly relates to the survival rate of healthcare businesses specifically.
Step 2: Analyze the Graph
To support the statement, examine the graph that illustrates the survival rates of businesses across various industries. Key points to look for include:
- The percentage of healthcare businesses surviving after five years.
- Comparison to survival rates of other industries.
- Any trends or patterns indicated in the data over time.
This analysis helps confirm the validity of the survival rate mentioned in the statement.
Step 3: Draw Conclusions
After reviewing the graph, conclude that the healthcare industry exhibits a relatively low survival rate compared to others. Based on your analysis, you can confidently assert that option C is the most accurate statement, as it encapsulates the data presented in the graph effectively. This conclusion is vital for understanding the challenges faced by healthcare businesses.