To What Can Be Attributed as a Main Cause of Success

question 96

Multiple Choice

To what can be attributed as a main cause of success of Bark 'N Leash?

• A)analysis of the market before defining the business
• B)minimal competition in the area
• C)heavy demand for her service
• D)business experience in a similar industry

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Definitions:

Financial Year

A 12-month period used for calculating annual financial statements in businesses and other organizations.

Domestic Market

The market that encompasses the supply and demand for goods and services within a particular country, as opposed to international or foreign markets.

Circular Flow Diagram

A visual model that illustrates the economic interactions between different sectors in an economy, showing how money flows through the system.

Factors Of Production

The resources, including land, labor, capital, and entrepreneurship, that are used in the production of goods and services.