TLE 7 - Common Problems in Business

If no one buying the products/services or attracting the wrong customer, this means the entrepreneur has a________________.

• Production Problem

• Marketing Problem

• Financial Problem

• Costumer Satisfaction

When the needed materials become scarce and the workers lack the necessary skills.

• Production Problem

• Financial Problem

• Organizational Problem

• Competition

Problems that span a number of departments and units in an organization and affect the entire organization.

• Costumer Satisfaction

• Marketing Problem

• Financial Problem

• Organizational Problem

The rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth.

• Costumer Satisfaction

• Competition

• Marketing Problem

• Production Problem

Lack of income, Unexpected expenses, too much debt, lack of budget, bad credit, and lack of savings are examples of _________ of an entrepreneurs

• Organizational Problem

• Competition

• Financial Problem

• Production Problem