Catalina opens a fashion boutique with the money she inherited from her parents.She is successful in creating a strong brand image and a loyal customer base.In order to meet the increasing demands of her business,she hires a store manager.However,she finds it hard to let the manager take important decisions about the store.She often finds herself disagreeing with the manager's decisions and in the process loses a lot of existing customers.Which of the following causes of small-business failure does this scenario best illustrate?

Question

Quizplus · Accepted Answer

Inability to cope with growth is illustrated in this scenario, as Catalina struggles to delegate responsibilities and make effective decisions in response to her business's expansion, leading to customer loss.

Catalina Opens a Fashion Boutique with the Money She Inherited