In the WebHouse example included in Chapter 6, WebHouse failed because:
A) it did not complete a feasibility analysis
B) it did not write a complete business plan
C) it couldn't motivate its suppliers or customers to participate at a sufficient scale to support the overhead of the business
D) it charged too much for its services
E) it failed to focus on developing a core strategy

Question

Quizplus · Accepted Answer

The given explanation states that WebHouse failed because it couldn't motivate its suppliers or customers to participate at a sufficient scale to support the overhead of the business. This suggests that the primary reason for failure was the lack of sufficient participation from suppliers and customers, leading to inability to generate enough revenue to cover costs.

In the WebHouse Example Included in Chapter 6, WebHouse Failed