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Terms of service Privacy policy Cookie policy Cookie settings Imprint Made with love in Switzerland © 2022 Yumpu.com all rights reserved When did Mike Martina and Maurice lose their jobs?When Mike, Martina, and Maurice lost their jobs during the recent recession, they pooled their resources, borrowed a little more, and bought a couple of houses to renovate. All three were concerned about the risk involved in owning their own business, particularly the risk of losing personal assets.
Which is a major reason why businesses fail financially?Insufficient funds due to weak forecasting
Without a doubt, poor financial forecasting is the main reason businesses fail. It is relatively easy to plan fixed costs such as rent, payroll, utilities, hardware, etc.
Which circumstance is most likely to reduce one's standard of living quizlet?Which of the following circumstances is most likely to reduce one's standard of living? An increase in the cost of some goods such as escalating gasoline prices.
What is the term for the periodic rises and falls that occur in economies over time?Business cycles: the periodic rises and falls that occur in all economies over time. capitalism. An economic system in which all or most of the factors of production and distribution are privately owned and operated for profit.
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