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business failure - Coggle Diagram
business failure
EXTERNAL CAUSES
changes in technology
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product struggles to compete against better product price cutting assured = company fail to operate at breakeven point
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behaviour of banks
fund long-term investments designed ro raise competievness and short term finance to help working capital managment
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INTERNAL CAUSES
marketing failure
issues undertsnaig changes in market place or what consumers really looking for = shortage in revenue
financial failure
managers need to manage finance actively and plan ahead and make adjustments - some fall until cash flow crises without seeing them coming
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