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unit 2
business failure
internal causes
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chet singh
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Cards (4)
How may poor efficiency a reason for failure?
Unrealistic
sales forecasts which can
lead
to over
expansion
How may poor marketing lead to business failure?
False
advertising which may lead to
loss
of
customers
how may failure to innovate lead to business failure?
May not
keep
up with
competitors
to innovate or
develop
the
product
What may lead to poor management of working capital?
Inability
to manage
cashflows