Which of the Following Is Considered as One of the Major

question 48

Multiple Choice

Which of the following is considered as one of the major causes of small-business failure?

• A)Inability to take quick decisions
• B)Lack of flexibility to adapt to changing market demands
• C)High initial financing involved
• D)Lack of funds to operate the business
• E)Inability to focus on narrow niches

---

Definitions:

German Government

The political leadership and institutions that govern Germany, including the federal and state levels, following democratic and legal principles.

Austria-Hungary

A multinational empire in Central Europe formed by a dual monarchy of Austria and Hungary, which existed from 1867 until its dissolution in 1918 following World War I.

Triple Alliance

A military coalition formed by Germany, Austria-Hungary, and Italy in 1882, aimed at mutual defense and support in case of attack by other powers.

Italy

A country in Southern Europe, known for its rich history, art, architecture, fashion, and cuisine, and home to the Vatican as well as numerous UNESCO World Heritage Sites.