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Which of the following is a reason why small businesses thrives in the United States?This is not surprising when you consider the many reasons why small businesses continue to thrive in the United States: Independence and a better lifestyle: Large corporations no longer represent job security or offer the fast-track career opportunities they once did.
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The financial resources needed to start and grow a business can be extensive. You may need to commit most of your savings or even go into debt to get started. If things don't go well, you may face substantial financial loss. In addition, there's no guaranteed income.
Which of the following is not a reason why many new businesses fail?The answer is b. They focus on the customer rather than their product or service Any successful business must focus on its customer in order to market products and services that will garner demand and lead to profitability. All of the other answer choices are pitfalls that can lead to a business' demise.
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