Nour was a financial consultant who liked to work with his hands, especially in making furniture. He quit his rat race financial job to start a small custom furniture business. After struggling for several years, he closed it and went back to financial services. Nour discovered that there was a big difference between making furniture for himself and running a customer furniture manufacturing business. Nour's business failed because of _______________. * uncontrolled growth poor financial control an inability to access start-up capital his lack of experience
Nour was a financial consultant who liked to work with his hands, especially in making furniture. He quit his rat race financial job to start a small custom furniture business. After struggling for several years, he closed it and went back to financial services. Nour discovered that there was a big difference between making furniture for himself and running a customer furniture manufacturing business. Nour's business failed because of _______________. * uncontrolled growth poor financial control an inability to access start-up capital his lack of experience
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Nour was a financial consultant who liked to work with his hands, especially in making furniture. He quit his rat race financial job to start a small custom furniture business. After struggling for several years, he closed it and went back to financial services. Nour discovered that there was a big difference between making furniture for himself and running a customer furniture manufacturing business. Nour's business failed because of _______________. *
uncontrolled growth
poor financial control
an inability to access start-up capital
his lack of experience
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