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<> Only a … The requirement to identify a market for your idea or the product is more important than the product itself. /N 3 /Length 16542 v I dedicate this thesis to my wife, Angelina, and my four children for the forbearance shown when denied quality time often enjoyed by many families . /BitsPerComponent 8 stream However; there are some common causes of failure that fits the profile of any business. Keywords: business failure, failure research, concept of failure 1 Introduction Success and failure are often seen as two sides of the coin, so that by avoiding the Usually, companies not at risk have fairly low scores (0–18 being common), whereas those at risk usually score well above 25 (often 35–70). stream {{{;�}�#�tp�8_\. 0000029163 00000 n
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Some of the leading management mistakes that lead to business failures are: going into business for the wrong reasons; the entrepreneur gets worn-out and/or underestimated time requirements; family pressure on time and funds; pride; lack ������� ;�փ�K�! startxref
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It can also be the result of a domino effect caused by business failures … /Parent 18 0 R �*j��0�- Ϯ9���n���Vp����c�9�U\������H?p��suR���tF=QX�3¼;�D���sK4�QrWq6�%�)��0'������\PחM�.��)]������l7�)����K��C bR��o^�&�Y�wN Op� E���)i�1)��9���� �Dk��S�� �/^�� $��W�:y�q�67���pj���������B�\ޗ-���� erC��[
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>> %�쏢 The multidiscipline nature of business failure research is explored through incorporation of studies from accoun-tancy, information systems, social psychology, general management, hޤ�_o�0�����IlG������ڡ��d-��Z��wg'Rh!�X>�ξ��g�J�$L��+�. Laying more emphasis on product, rather than market and marketing. 24 0 obj
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%PDF-1.4 Technological Causes: With the advancement in the technology, new modes of doing business has been introduced, which is better than the traditional ones. 23 40
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