Which of the following is the term used for a financial crisis that is caused by a business growing faster that it can be financed?

Question

Quizplus · Accepted Answer

A growth trap refers to a situation where a business experiences rapid growth, but does not have the financial resources to support it. This can lead to a financial crisis, where the business may not have enough cash flow to cover its expenses or repay its debts.

Which of the Following Is the Term Used for a Financial