Business, 02.03.2020 21:14, masonorourke

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

Answers: 2

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Kurt leased a small building and converted it into a hockey supply shop. He had assumed that he coul...