According to the Text, Which of the Following Is NOT

question 52

Multiple Choice

According to the text, which of the following is NOT one of the six basic reasons why some organizations fail?

• A)Failure to price properly
• B)Failure to innovate
• C)Failure to create value
• D)Failure to persist over time
• E)Failure to be flexible and adapt

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Definitions:

Net Worth

Assets minus liabilities, which demonstrates the value of a business.

Business Value

The importance or worth of something to a business, including tangible and intangible benefits that contribute to the company's success.

Balance Sheet

Also known as a “statement of financial position”; reveals a company’s assets, liabilities and owner’s equity (net worth).

Financial Position

Refers to the status of an entity's assets, liabilities, and equity at a specific point in time, providing insight into its economic situation.