Gerald Started a Business Using the Savings from His Previous

question 60

Multiple Choice

Gerald started a business using the savings from his previous job.He planned to run his business on the revenue generated from sales.However,a few months later,he found it difficult to pay his staff,rent,and other expenses.Seasonal sales and inability to secure sufficient credit from local banks made it difficult for Gerald to operate the business normally.Which of the following causes of small-business failure does this scenario best illustrate?

• A)Undercapitalization
• B)Trade credit
• C)Economies of scale
• D)Debt financing
• E)Debt factoring

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Definitions:

Receptors

Specialized cells or proteins in the body that respond to specific substances like neurotransmitters or hormones.

Dendrites

The branched extensions of a neuron that receive impulses from other neurons and convey them toward the cell body.

Neurotransmitters

Chemical messengers that transmit signals across synapses from one neuron to another in the nervous system.

Monoamine Neurotransmitters

Chemical messengers in the brain that include serotonin, dopamine, and norepinephrine, involved in regulating mood, arousal, and emotion.