Insufficient financing impliesA) not taking the time to consolidate a position, fine-tune the organization, and systematically meet the challenges of growth.B) not having enough money available to maintain operations while still building the business and gaining access to customers and markets.C) not having expertise in the essentials of business operations, including finance.D) not keeping track of the numbers, and failure to keep business finances to best advantage.E) not making the best use of existing monies.

Question

Insufficient financing impliesA)  not taking the time to consolidate a position, fine-tune the organization, and systematically meet the challenges of growth.B)  not having enough money available to maintain operations while still building the business and gaining access to customers and markets.C)  not having expertise in the essentials of business operations, including finance.D)  not keeping track of the numbers, and failure to keep business finances to best advantage.E)  not making the best use of existing monies.

Zybrea Knight · Accepted Answer

Final Answer : B, Explanation :  Insufficient financing means not having enough money available to both sustain current operations and invest in growing the business. This can lead to problems such as not being able to access customers or markets, and can stunt the business's potential for growth. Choices A, C, D, and E are related to other areas of business expertise and management, but do not specifically address the issue of financing.

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