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20 February, 00:00

Two fatal flaws can render a business model untenable from the beginning. These are:

A) failure to complete a business plan and failure to get funding

B) a complete misread of the customer and utterly unsound economics

C) failure to copy the industry leader's business plan and a complete misread of the customer

D) failure to complete a business plan and overemphasizing the importance of feasibility analysis

E) overemphasizing the importance of feasibility analysis and utterly unsound economics

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Answers (1)
  1. 20 February, 01:57
    0
    The correct answer is the option A: failure to complete a business plan and failure to get funding.

    Explanation:

    To begin with, if an entrepreneur failures to complete a business plan and to get funding then the most probable thing to happen is that his business will be untenable from the beginning due to the fact that if the person do not possesses money and a plan to put his ideas in action he will never achieve his primary goals, that is, obtaining profits at long term. Therefore that if there is no business plan in which the company must focus and there is no money to carry out that strategy then the business model is doomed.
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