Question

More businesses fail because of ________ than for any other reason. Select one: a. theft by...

More businesses fail because of ________ than for any other reason.
Select one:
a. theft by employees
b. insufficient capital
c. incompetent management
d. poor choice of location

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Answer #1

Management of a business is very crucial right from the stage of its incorporation, sustainance, expansion and development. In every aspect of the entity - operations, supply chain, internal control mechanism, finance management, capital structuring, etc, the management should be competent enough to take quick and sensible decisions which shall have the positive impact on the business.

Despite any other mis-factors, if the business is run by a competent management, the business shall survive and flourish.

Answer: Incompetent Management.

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