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

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Definitions:

Resilience

The ability to recover quickly from difficulties; psychological strength and adaptability in the face of challenges.

Paralympic Games

An international multi-sport event for athletes with physical, mental, and sensorial disabilities.

Crisis Resolution

The process of addressing and overcoming a critical situation or period of instability in an effective manner.

Plasticity

The ability of the brain to change and adapt in response to experiences, learning, or injury.