CA Foundation Exam > CA Foundation Questions > Which of the following is false?a)One reason ...
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Which of the following is false?
- a)One reason for failure of small businesses is lack of managerial experience.
- b)One reason for failure of small businesses is that most entrepreneurs are younger than 25 years old
- c)One reason for failure of small businesses is neglect.
- d)One reason for failure of small businesses is weak control systems.
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Which of the following is false?a)One reason for failure of small busi...
False reason for the failure of small businesses
One reason for the failure of small businesses is not that most entrepreneurs are younger than 25 years old. This statement is false because age is not the determining factor for the success or failure of a small business.
Reasons for the failure of small businesses
1. Lack of managerial experience: Many small business owners lack managerial experience, which can lead to poor decision-making, inadequate planning, and ineffective execution.
2. Neglect: Neglecting the business can also contribute to its failure. This can include failing to manage finances properly, not keeping up with market trends, and not investing in marketing and advertising.
3. Weak control systems: Weak control systems can lead to fraud, theft, and other financial irregularities, which can result in the failure of the business.
4. Poor location: Choosing the wrong location can also contribute to the failure of a small business. A location with low foot traffic or high rent can make it difficult to attract customers and generate revenue.
Conclusion
In conclusion, the failure of small businesses can be attributed to various factors, but age is not one of them. Small business owners should focus on developing their managerial skills, maintaining their business, implementing effective control systems, and choosing the right location to increase their chances of success.
One reason for the failure of small businesses is not that most entrepreneurs are younger than 25 years old. This statement is false because age is not the determining factor for the success or failure of a small business.
Reasons for the failure of small businesses
1. Lack of managerial experience: Many small business owners lack managerial experience, which can lead to poor decision-making, inadequate planning, and ineffective execution.
2. Neglect: Neglecting the business can also contribute to its failure. This can include failing to manage finances properly, not keeping up with market trends, and not investing in marketing and advertising.
3. Weak control systems: Weak control systems can lead to fraud, theft, and other financial irregularities, which can result in the failure of the business.
4. Poor location: Choosing the wrong location can also contribute to the failure of a small business. A location with low foot traffic or high rent can make it difficult to attract customers and generate revenue.
Conclusion
In conclusion, the failure of small businesses can be attributed to various factors, but age is not one of them. Small business owners should focus on developing their managerial skills, maintaining their business, implementing effective control systems, and choosing the right location to increase their chances of success.
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Which of the following is false?a)One reason for failure of small busi...
The main reason for failure is due to they are not well experienced at below age of 25 .
$ they don't have any experience or knowledge or any kind of vision to run the business.
$ most of the 75%of people fail because of poor financial and business planning also.
$ next there failure towards customers nowadays customers donot behave properly so the preneurs should have the technic of handling them also.
$ to lack of sales and poor management and the amount of time they suck out owners for the customers workday the owner should understand and donot make it late to customers .
$ customers don't like to stand for a long time they want to make the things quick so the owner also should maintain like that .
$ if there will be good management and sales customers will come to shop.
BUT FAILURE NOT "HOW FAR YOU FALL, BUT HOW HIGH YOU BOUNCE AGAIN IT COUNTS
thank you.
$ they don't have any experience or knowledge or any kind of vision to run the business.
$ most of the 75%of people fail because of poor financial and business planning also.
$ next there failure towards customers nowadays customers donot behave properly so the preneurs should have the technic of handling them also.
$ to lack of sales and poor management and the amount of time they suck out owners for the customers workday the owner should understand and donot make it late to customers .
$ customers don't like to stand for a long time they want to make the things quick so the owner also should maintain like that .
$ if there will be good management and sales customers will come to shop.
BUT FAILURE NOT "HOW FAR YOU FALL, BUT HOW HIGH YOU BOUNCE AGAIN IT COUNTS
thank you.
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Which of the following is false?a)One reason for failure of small businesses is lack of managerial experience. b)One reason for failure of small businesses is that most entrepreneurs are younger than 25 years oldc)One reason for failure of small businesses is neglect. d)One reason for failure of small businesses is weak control systems.Correct answer is option 'B'. Can you explain this answer?
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Which of the following is false?a)One reason for failure of small businesses is lack of managerial experience. b)One reason for failure of small businesses is that most entrepreneurs are younger than 25 years oldc)One reason for failure of small businesses is neglect. d)One reason for failure of small businesses is weak control systems.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is false?a)One reason for failure of small businesses is lack of managerial experience. b)One reason for failure of small businesses is that most entrepreneurs are younger than 25 years oldc)One reason for failure of small businesses is neglect. d)One reason for failure of small businesses is weak control systems.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is false?a)One reason for failure of small businesses is lack of managerial experience. b)One reason for failure of small businesses is that most entrepreneurs are younger than 25 years oldc)One reason for failure of small businesses is neglect. d)One reason for failure of small businesses is weak control systems.Correct answer is option 'B'. Can you explain this answer?.
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