All of the Following Are Reasons for the High Failure

question 44

Multiple Choice

All of the following are reasons for the high failure rate of new businesses except:

• A)Not having sufficient know-how to run a business in the chosen market or area.
• B)Not having expertise in the essentials of business operations,including finance,purchasing,selling and production.
• C)Not taking the time to craft a vision and mission,and formulate,revise,and properly implement strategy.
• D)Not keeping track of the numbers and failure to control business finances.
• E)Not taking the time to adequately promote the product.

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