Franky Ferguson has just reached a turning point in his business. He can no longer retain quality employees because he cannot meet his payroll, he does not have an adequate cash flow to pay his current bills, and he is three months behind in his loan payment to the bank. He must close the doors of this business. Franky joins what percentage of small businesses that have failed?
a. 10 percent
b. 18 percent
c. 50 percent
d. 75 percent
b
Business
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Quality of life issues include:
A) proximity to markets. B) prevailing wage rates. C) local and state taxes. D) recreational facilities.
Business
The concept of strategic positioning is useful in dealing with issues derived from the ________
A) strategy diamond B) strategic logic C) strategic formula D) strategy map
Business