Answer to Question #211245 in Finance for Sphesihle Zuma

Question #211245

Every entrepreneur has Certain expectations and goals when choosing a business.


1.1 do you agree with the assertion that businesses fail for a number of reasons? Substantiate on your answer by discussing the following.


1.1.1 incompetent management

1.1.2 lack of experience




1
Expert's answer
2021-06-28T17:25:03-0400

1.1Yes

1.1.1

When the business operator lacks sufficient management skills, the business might fail.

1.1.2

When the business operator has no experience in the field that he/she is specialising in, the business might fail.


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