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

Question

Quizplus · Accepted Answer

Management inexperience is widely recognized as the leading cause of small business failures. Running a successful small business requires a diverse set of skills, including financial management, marketing, and leadership. Without sufficient experience and expertise in these areas, entrepreneurs may struggle to manage their businesses and make sound decisions. Poor products/services and lack of marketing may contribute to failure but they are often symptoms of underlying management problems. Excess government regulation can be a challenge for small businesses, but it is not typically the primary cause of failure.

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