Mohit is very passionate about music and opens a recording studio of his own. However, he does not know much about running a business and within a short period, starts running into losses. Therefore, he shuts down the business. Which of the following threats is highlighted in the given scenario?

Question

Quizplus · Accepted Answer

Mohit's lack of knowledge about running a business is the primary threat that led to the failure of his recording studio.

Mohit Is Very Passionate About Music and Opens a Recording