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Questions and Answers
Which of the following is NOT an external factor affecting business performance?
Which of the following is NOT an external factor affecting business performance?
- Inflation
- Government regulation
- Business cycles
- Mismanagement (correct)
Which of the following is a personal factor of business failure?
Which of the following is a personal factor of business failure?
- Interrupted supplies (correct)
- Inexperience
- Lack of planning
- Poor business philosophy
Name three external factors that can affect business performance.
Name three external factors that can affect business performance.
(a) inflation, (b) government regulation, (d) business cycles
Which factor guides the extension of trade credit?
Which factor guides the extension of trade credit?
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Name three personal factors that can contribute to business failure.
Name three personal factors that can contribute to business failure.
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What is one symptom of mismanagement?
What is one symptom of mismanagement?
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