Explain Why Small Businesses Often Fail and What Can Be

question 64

Essay

Explain why small businesses often fail and what can be done to help avert failure.

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Definitions:

Learned Response

Behaviors or skills that are acquired or modified through experience or conditioning.

Prefrontal Lobotomy

A surgical procedure that was once used to treat mental illness, involving the removal or destruction of parts of the prefrontal cortex of the brain.

Antonio de Egas Moniz

A Portuguese neurologist who is credited with the development of cerebral angiography and the controversial prefrontal leucotomy.

Frontal Lobes

Areas of the brain located at the front of each cerebral hemisphere, responsible for executive functions, decision making, problem-solving, and moderating social behavior.