Which of the following factors contribute to small business failure? A) Managerial incompetence or inexperience B) Weak control systems C) Neglect D) Any of the above

The correct answer is D) Any of the above.

Reason: The managers working in an organization are not experienced or competent then the failure in small business occurs. The inadequate or weak control system leads to inefficiencies in a business as the activities cannot be managed properly.

Neglect refers to failing while taking care of the business and items in a firm.

So, the factors that lead to failure in a small business firm can be incompetency in managers or weak controlling system, and neglect or failure while taking care of business.