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Maru [420]
3 years ago
7

Kurt leased a small building and converted it into a hockey supply shop. He had assumed that he could run a successful business

if he had enough money to get started. However, his business faces seasonal variations in sales. He now finds it difficult to meet the day-to-day expenses of the business. Which problem is Kurt's business facing?
a.competition

b.lack of startup capital

c.bureaucracy

d.inability to cope with growth

e.undercapitalization
Business
1 answer:
salantis [7]3 years ago
8 0

Answer:

The correct answer is letter "E": undercapitalization.

Explanation:

Undercapitalization refers to the situation in which an organization is unable to generate enough funds to cover its expenses. This leads to companies being unable to pay their creditors, thus, they have no other option but to request for loans to keep the business up and running. Small companies are frequently undercapitalized.

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7 0
11 months ago
What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
makkiz [27]
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7 0
3 years ago
The median annual household income in a certain community of 21 households is $50,000. If the mean income of a household increas
Ostrovityanka [42]

Answer:

answer is  Cannot be determined

Explanation:

given data

household income  = $50,000

increases =  10% per year

time = 2 year

solution

as we know that here mean is increase by 10 percentage

but from the mean  percentage increase in does not meaning that it will increase median also with same percentage

because median also increase by some percentage if data is move up

but we can not say it will move with same percentage

so here answer is  Cannot be determined from given data

5 0
3 years ago
Lydia really enjoys math and thinks that she would enjoy a job that involves analyzing data. Which job would be a good fit for h
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8 0
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Answer:

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8 0
3 years ago
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