Reasons for Failure of Entrepreneurial Venture
CMAT 2023 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
Following are the reasons for the failure of an entrepreneurial venture. A. Lack of market research B. Poor financial control C. Poor management D. Gender of the entrepreneur E. Caste of the entrepreneur
Choose the correct answer from the options given below:
- A.
A, B, D and E are correct reasons for the failure of an entrepreneurial venture
- B.
A, C, D and E are correct reasons for the failure of an entrepreneurial venture
- C.
A, B, C are correct reasons for the failure of an entrepreneurial venture
- D.
B, D and E are correct reasons for the failure of an entrepreneurial venture
C
Explanation
Gender and caste are not genuine reasons for venture failure; operational issues like lack of market research, poor financial control, and poor management cause failure.
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