Which of the Following Is a Major Reason for the Failure

question 15

Multiple Choice

Which of the following is a major reason for the failure of a new venture?

• A)inadequate market knowledge
• B)good product performance
• C)opening in the wrong location
• D)good product/poor marketing

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Definitions:

Mobile Devices

Portable computing gadgets, such as smartphones and tablets, that allow users to access, process, and manage information on the go.

UCC Article 4

A section of the Uniform Commercial Code that deals with bank deposits and collections, outlining the rights and liabilities of banks and their customers.

Brokerage House

A financial institution that buys and sells securities, such as stocks and bonds, on behalf of clients while charging a commission for the service.

Joint Checking Account

A bank account shared by two or more individuals, typically allowing all holders equal access to funds.