_____ implies that a business owner does not have the skill-sets required in the essentials of business operations, including finance, purchasing, selling, or production.

Question

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Lack of expertise implies that the business owner does not have the necessary skill-sets required to effectively manage the essential aspects of the business. Without the right expertise, the owner may struggle with financial management, purchasing, sales, and production, which could lead to failure.

_____ Implies That a Business Owner Does Not Have the Skill-Sets