Business Financial Struggles Quiz

Are you ready to find out what impacts businesses financially? Take the quiz now and discover practical ways to avoid Business financial struggles!

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#1. What happens if a business spends more than it earns?

a. It grows faster

b. It faces financial struggles

c. It attracts more customers

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#2. Why is poor record-keeping a problem for businesses?

a. It wastes time

b. It attracts investors

c. It leads to financial mismanagement

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#3. What is a common cause of late customer payments?

a. Clear payment policies

b. Invoicing on time

c. Lack of follow-ups

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#4. Why is high debt risky for a business?

a. It increases profits

b. It leads to high-interest payments

c. It reduces tax

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#5. What happens if a business sets prices too low?

a. It increases losses

b. It attracts more customers

c. It earns more money

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#6. What does over-stocking inventory do?

a. Increases storage costs

b. Saves money

c. Makes customers happy

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#7. Why can over-reliance on one client be harmful?

a. It reduces workload

b. It increases stability

c. It creates financial dependency

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#8. What happens if a business ignores budgeting?

a. It tracks expenses easily

b. It struggles to control costs

c. It saves money

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#9. How does poor marketing affect a business?

a. It reduces customer awareness

b. It attracts the wrong customers

c. It increases profits

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#10. What is the risk of not saving for emergencies?

a. Business remains stable

b. Business struggles during tough times

c. Business grows faster

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#11. Why is poor leadership harmful?

a. It improves team morale

b. It saves money

c. It causes poor decisions

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