Insufficient Financing Implies

question 102

Multiple Choice

Insufficient financing implies:

• A) not taking the time to consolidate a position, fine-tune the organization, and systematically meet the challenges of growth.
• B) not having enough money available to maintain operations while still building the business and gaining access to customers and markets.
• C) not having expertise in the essentials of business operations, including finance.
• D) not keeping track of the numbers, and failure to keep business finances to best advantage.
• E) not making the best use of existing monies.

---

Definitions:

Collective Bargaining

A negotiation process between employers and a group of employees aimed at establishing agreements regarding wages, working conditions, and other employment terms.

External Factor

Influences, trends, or variables originating outside of an organization that can affect its performance and decision-making.

Employer's Ability

An organization's capacity to meet its obligations, including paying salaries, providing benefits, and maintaining a safe work environment.

Salaried Employee

An employee who is paid a fixed salary rather than an hourly wage, typically receiving payment on a monthly or biweekly basis.