Reasons for business failure Flashcards
1
Q
Inventory
A
Stocks of good
2
Q
Fixed assets
A
Resources that are being used repeatedly ,y but a firm
3
Q
Downturn
A
Is a period I of time where business activity and production has decreased
4
Q
Undercapitalised
A
Starting a business with insufficient capital
5
Q
Outcompeted
A
Performing more effectively in a specific role
