Which of the following reasons for the failure of a small business is

QUESTION

Which of the following reasons for the failure of a small business is NOT grounded in financial challenges?

A) problems with cash flow
B) unfavorable economies of scale
C) highly competitive market
D) lack of credit
E) initial underfunding

ANSWER

Answer: C
Explanation: C) A very competitive market may cut into profits for a small business but is not directly connected to the finances needed for a business to operate successfully.