Question:
Subash started with a franchise of AMUL Milk products. His business could not pick up and sales were too less to cover operating expenses. Which of the following reasons could be a cause of business failure?
Subash started with a franchise of AMUL Milk products. His business could not pick up and sales were too less to cover operating expenses. Which of the following reasons could be a cause of business failure?
Updated On: Apr 26, 2024
- Adequate knowledge
- Appropriate location
- Lack of industry experience
- Sound business planning
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The Correct Option is C
Solution and Explanation
The correct answer is option (C) :
Lack of industry experience
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