The Most Common Cause of Business Failure Is

question 69

Multiple Choice

The most common cause of business failure is

• A) Choosing the wrong type of business ownership
• B) Starting a business that is too large
• C) Lack of marketing expertise by the small business owner
• D) Lack of management experience

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Definitions:

Lease-Purchase Analysis

A financial evaluation method to determine the financial advantage between leasing and purchasing an asset.

Lease Payment

The payments made under a lease agreement for the use of an asset, typically paid at regular intervals.

Lease-Purchase Analysis

An evaluation process to determine whether leasing or purchasing assets is more cost-effective for a business or individual.