New small business start-ups often fail because of

A) lack of business expertise.
B) strict financial controls.
C) high ethical standards.
D) slow growth.
E) strategic leadership.

Question

New small business start-ups often fail because ofA)  lack of business expertise.B)  strict financial controls.C)  high ethical standards.D)  slow growth.E)  strategic leadership.

Richard Williamson · Accepted Answer

Final Answer : A, Explanation :  Lack of business expertise is a common reason why small business start-ups fail. It is important for entrepreneurs to have a solid understanding of business operations, financial management, marketing, and industry-specific knowledge in order to successfully run a business. Strict financial controls, high ethical standards, slow growth, and strategic leadership are all important factors for success, but lack of business expertise is often the most critical factor.

New small business start-ups often fail because of

A) lack of business expertise.
B) strict financial controls.
C) high ethical standards.
D) slow growth.
E) strategic leadership.

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