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Select all that apply
What are three primary reasons that small
businesses fail?
Inability to cope with growth
Conducting market research
Managerial inexperience
I Having a competitive niche
Undercapitalization"
Multiple Select Question Select all that apply What are three primary reasons that small businesses fail? Inability to cope with growth Conducting market research Managerial inexperience I Having a competitive niche Undercapitalization
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Giselamaestro · Tutor durante 5 años
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The three primary reasons that small businesses fail are:<br /><br />1. Inability to cope with growth - Small businesses may struggle to manage rapid expansion, leading to operational inefficiencies and financial strain.<br /><br />2. Managerial inexperience - Lack of experience in managing a business can result in poor decision-making and inadequate strategic planning.<br /><br />3. Undercapitalization - Insufficient funding can prevent a business from covering its expenses and investing in necessary resources for growth.
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