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Stating That the Failure of a Small Business Was Due

Question 11

Multiple Choice

Stating that the failure of a small business was due to "ethical failure" implies:


A) not having expertise in the essentials of business operations, including finance, purchasing, selling, and production.
B) not avoiding the temptations of fraud, deception, and embezzlement.
C) not keeping track of the numbers, and failure to control business finances and use existing monies to best advantage.
D) not taking the time to consolidate a position, fine-tune the organization, and systematically meet the challenges of growth.
E) not having sufficient know-how to run a business in the chosen market or geographical area.

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