Susan is convinced that her new business failed because she lacked the necessary funds to do the things that it takes to get a new business up and running.Her problem apparently was:

Question

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Undercapitalization refers to not having enough funds to start or maintain a business. In Susan's case, she believes that her lack of necessary funds was the reason for her business's failure. This suggests that she may have been undercapitalized, which made it difficult for her to do what was needed to get the business up and running.

Susan Is Convinced That Her New Business Failed Because She