Which of the following are reasons for the failure of an entrepreneurial venture? A. Lack of market…
The reasons are A, B and C. Ventures fail when the founder does not study the market, does not control cash and costs, or manages people and operations badly. Gender and…
Choose your answer
Which of the following are reasons for the failure of an entrepreneurial venture?
A. Lack of market research
B. Poor financial control
C. Poor management
D. Gender of the entrepreneur
E. Caste of the entrepreneur
Answer and explanation
Correct answer C
The reasons are A, B and C. Ventures fail when the founder does not study the market, does not control cash and costs, or manages people and operations badly. Gender and caste are personal attributes, not causes of business failure, so any option including D or E is wrong; leaving out poor management omits one of the commonest causes.
Practice for these exams
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Common Management Admission Test (CMAT)