If a business is profitable and growing, which of the following is most likely to be a reason for failure? Select one: a

Economics Dec 28, 2020

If a business is profitable and growing, which of the following is most likely to be a reason for failure? Select one: a. Strong competition. b. Insufficient financing c. High cost of goods sold. d. Low clientele.

Expert Solution

option (A) is correct i,e Strong competition

beacause stong competition leads to failure of business so it would be impossible for an organization to survive in strong competiton

Archived Solution

Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In

Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution

Get Custom Quote