Question

Common reasons for entrepreneurial failure include all but which one of the following?

• A. Poor implementation
• B. Lack of capital
• C. Adequate financial support
• D. Ineffective human resources

Answer 1

The correct option is C Adequate financial support

There can be many reasons for failure of an entrepreneurship. The idea of the business may be wrong considering the environment in which to operate.

The implementation phase may prove bad.

There can be short supply of capital or inconsistent supply of capital.

There can be ineffective human resources having lack of skills and ability.

The risk taking ability of the entrepreneur may be less.