Specific areas of managerial incompetence contributing to small business failure include:

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All of the listed choices can contribute to small business failure. If management does not ask for help, they may fail to identify areas that require improvement or fail to learn from others' mistakes. Lack of financial skill can lead to poor financial management, resulting in unanticipated costs or missed opportunities. Poor management information systems can prevent managers from making informed decisions and hinder their ability to effectively manage their business.

Specific Areas of Managerial Incompetence Contributing to Small Business Failure