ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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poor impleme-ntation
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adequate financial support
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faulty product desgin
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lack of capital
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Detailed explanation-1: -The correct answer is C) Adequate financial support.
Detailed explanation-2: -The most common reasons small businesses fail include a lack of capital or funding, retaining an inadequate management team, a faulty infrastructure or business model, and unsuccessful marketing initiatives.
Detailed explanation-3: -Lack of market research. Poor financial control. Poor management. All the above.
Detailed explanation-4: -Poor cash flow management. Losing control of the finances. Bad planning and a lack of strategy. Weak leadership. Overdependence on a few big customers.
Detailed explanation-5: -Lack of research. Not having a business plan. Not having the business funding they need. Financial mismanagement. Poor marketing. Not keeping abreast of customer needs or the competition. Failing to adapt. Growing too quickly. More items •06-Jul-2021