Which of the Following Factors MOST Contributes to Small Business

question 112

Multiple Choice

Which of the following factors MOST contributes to small business failure?

• A) Managerial incompetence or inexperience
• B) Bad product design
• C) Legal problems
• D) Time spent raising capital
• E) Personnel issues

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Definitions:

Network Structure

A network structure links networks of outside suppliers and service contractors to a company’s core functions.

Operating Efficiency

The capability of an organization to deliver products or services in a cost-effective manner while maintaining quality.

Computerised Networking

The use of computer systems and digital technologies to establish connections and facilitate communication between individuals or organizations.

Integration

The process of combining or coordinating separate parts or entities into a unified whole, often used in business strategies or system functionalities.