Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Subash started with a franchise of AMUL Milk products. His business could not pick up and sales were too less to cover operating expenses. Which of the following reasons could be a cause of business failure?

Options:

Adequate knowledge

Appropriate location

Lack of industry experience

Sound business planning

Correct Answer:

Lack of industry experience

Explanation:

The correct answer is Option (3) → Lack of industry experience