What Is the Primary Reason That So Many New Businesses

question 75

Multiple Choice

What is the primary reason that so many new businesses fail?

• A) Owner does not work hard enough
• B) Mismanagement resulting from lack of business know-how
• C) Low employee quality for new businesses
• D) Lack of brand-name recognition
• E) Inability to compete with well-established brand names

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Definitions:

National Drug Control Policy

A framework for federal oversight and coordination of drug-related legislation, enforcement, and education efforts to reduce illegal drug use and its consequences in a country.

Humor

The quality of being amusing or comic, especially as expressed through laughter.

Fear

An emotional response to threats or danger, often prompting avoidance or defensive behavior.

Advertising Objectives

Goals a company aims to achieve through its advertising efforts, such as increasing brand awareness or boosting sales.