Which of the Following Is a Problem Faced by Small

question 58

Multiple Choice

Which of the following is a problem faced by small businesses today?

• A) Lack of magazines focusing on issues related to small businesses
• B) Lack of risk takers
• C) No training at colleges and universities
• D) Unexpected growth and financing issues

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Definitions:

Inventory

The total amount of goods stored by a company that is ready or will be ready for sale.

Service Inventory

Intangible goods in a service operation that cannot be stored or inventoried in the traditional sense, such as available hotel rooms or hours of consulting.

Service Stockout

Occurs when a service provider cannot meet customer demand due to insufficient resources or capacity, leading to customer dissatisfaction.