why does a business fail.give two reasons.
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Answer:
Businesses can fail as a result of wars, recessions, high taxation, high interest rates, excessive regulations, poor management decisions, insufficient marketing, inability to compete with other similar businesses, or a lack of interest from the public in the business's offerings.
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why does a business fail.give two reasons.
Answer:-
1 – Lack of planning – Businesses fail because of the lack of short-term and long-term planning. ... Failure to plan will damage your business. 2 – Leadership failure – Businesses fail because of poor leadership. The leadership must be able to make the right decisions most of the time.
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