All of the following are reasons for the high failure rate of new businesses except:
A) Not having sufficient know-how to run a business in the chosen market or area.
B) Not having expertise in the essentials of business operations,including finance,purchasing,selling and production.
C) Not taking the time to craft a vision and mission,and formulate,revise,and properly implement strategy.
D) Not keeping track of the numbers and failure to control business finances.
E) Not taking the time to adequately promote the product.
Correct Answer:
Verified
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