Many Small Businesses Go into Bankruptcy Because

question 21

Multiple Choice

Many small businesses go into bankruptcy because:

• A) competitors have become more aggressive.
• B) creditors are unfriendly.
• C) the owners are tired of managing.
• D) of a lack of profitability.

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Definitions:

Divorced

Divorced refers to the legal dissolution of a marriage by a court or other competent body.

Adaptive

The quality of being able to adjust to new conditions or environments; capable of modification for survival or improved function.

Social Norms

Unwritten rules or expectations within a society or group that dictate the behavior, appearance, and actions of its members, influencing conformity and social order.

Personally Distressing

A term often used to describe emotions or experiences that intensely disturb or distress an individual on a personal level.