Entrepreneurial businesses fall victim to this circumstance because they think it only benefits large companies.Without it,a firm has no sustainable basis for survival.

Question

Quizplus · Accepted Answer

A lack of strategic planning can greatly harm an entrepreneurial business. Without a clear plan, it can be difficult for the business to sustain itself in the long-term. It is a crucial aspect for any size of business, not just large ones. The other options, poor financial controls, uncontrolled growth, and lack of inventory control, are all important considerations, but they may not necessarily lead to the same level of harm as a lack of strategic planning.

Entrepreneurial Businesses Fall Victim to This Circumstance Because They Think