Which of the following is NOT a factor in a small business's success?

Question

Quizplus · Accepted Answer

The success of a small business depends on multiple factors, including the leadership skills of the business owners, their desire for independence, and their ability to consider the needs of stakeholders. However, the statement that "other people's needs and wants are not as important as the small business owner's" is not true. A successful small business must prioritize the needs and wants of customers, employees, suppliers, and other stakeholders in order to build lasting relationships and create value for all parties involved. Ignoring the needs and wants of others is likely to lead to a short-lived and unsuccessful business venture.

Which of the Following Is NOT a Factor in a Small