Rosa has several creative ideas for organizing events and starts an event management company. However, with little knowledge about running a business, she is unable to handle the finance and marketing sides of the business. As a result, she faces huge losses and eventually shuts down the company. Which of the following threats is highlighted in the given scenario?

Question

Quizplus · Accepted Answer

Rosa's lack of knowledge about running a business, particularly in finance and marketing, is the primary threat that led to her company's failure.

Rosa Has Several Creative Ideas for Organizing Events and Starts