To an entrepreneur, the loss of key employees or clients, failure to achieve business plan objectives, and drastic changes in the external environment should be considered __________.
A) normal events in the life of a new business
B) challenges that should be addressed when free time is available
C) warning signs that need management attention
D) external shocks that are not under his or her control and therefore, should not be stressed over
E) None of the answers apply.
Correct Answer:
Verified
Q52: As discussed in the text, for many
Q53: A warning sign(s) that an entrepreneur should
Q54: Warning signs: "If these ratios fall below
Q55: Warning signs: "If the entrepreneur is failing
Q56: Warning signs: "writing off accounts receivable as
Q58: In most cases, a business in a
Q59: An entrepreneur with a business in crisis
Q60: The second thing an entrepreneur with a
Q61: A creditor of a business in crisis
Q62: As part of a turnaround plan, an
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