Miriam opened a yarn craft store in her small town based on her personal interests and hobbies.There were no competitors locally;the merchandise was readily available;and she had the initial capital to open the store.Yet her business failed.Too few customers visited her store.What was Miriam's fatal flaw?

Question

Quizplus · Accepted Answer

Although Miriam had no competition and access to merchandise, her fatal flaw was not considering the market limitations in her small town. She may have overlooked factors such as the demand for yarn crafts, target demographic, and the size of the potential customer base in her area.

Miriam Opened a Yarn Craft Store in Her Small Town