Which of the following is the leading cause of today's small business failures?
A)management shortcomings
B)poor products and/or services
C)no marketing plan
D)excess government regulation

Question

Quizplus · Accepted Answer

Management shortcomings, such as poor financial management, lack of strategic planning, and ineffective leadership, are cited as the leading cause of small business failures today. In fact, studies have shown that up to 70% of small business failures are due to management issues. Poor products and services, no marketing plan, and excess government regulation can also contribute to business failures, but they are not typically the primary cause.

Which of the Following Is the Leading Cause of Today's