The High Failure Rate of New Businesses Is Due To

question 7

Multiple Choice

The high failure rate of new businesses is due to:

• A) not taking the time to consolidate a position, fine-tune the organisation and systematically meet the challenges of growth.
• B) not devoting enough time to the requirements of running a competitive business.
• C) falling prey to the temptations of fraud, deception and embezzlement.
• D) All of the options listed
• E) None of the options listed

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Definitions:

Positive Face

An image of yourself that will be perceived as positive by others.

Social Self

Concept of self as reflected in social interactions with others.

Material Self

Concept of self as reflected in the total of one’s physical attributes and tangible possessions.

Spiritual Self

Concept of self based on thoughts and introspections about personal values, moral standards, and beliefs.