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According to estimates made by the Fireman's Fund Insurance Company, about one
third of all business failures are caused by:
Suggested Answer: B
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27 comments · newest first
KE
Keva
10 months ago
I thought it would be more about market conditions, not theft!
LA
Launa
11 months ago
Poor quality products definitely lead to failures too.
IR
Ira
11 months ago
Totally agree, employee theft can really hurt a business.
LO
Louvenia
11 months ago
Really? I doubt it's that high for mismanagement.
JA
Janae
11 months ago
That's wild, one-third is a huge number!
DE
Devon
12 months ago
I’m torn between employee theft and mismanagement. I feel like both were mentioned in our readings, but I can't remember which one had the higher percentage.
GL
Glenn
12 months ago
I have a vague memory that poor quality products can lead to business failures, but one-third seems high. I might lean towards mismanagement instead.
SA
Salome
12 months ago
This question feels familiar; I think we practiced one similar to this in class. Mismanagement might be the answer, but I can't recall the exact statistics.
EV
Evette
1 year ago
I think I remember something about employee theft being a major issue, but I'm not entirely sure if it's one-third.
ER
Erinn
1 year ago
This is a good question. I think the key is to focus on the specific wording - it's asking about the "about one third" of failures, not the overall causes. I'm leaning towards C - Mismanagement as the best answer.
VI
Viva
1 year ago
Wait, I'm a little confused. Is the question asking about the primary cause of business failures, or just one of the causes? I want to make sure I understand it correctly before I answer.
IS
Isaac
1 year ago
Okay, I've got this. The question says "about one third of all business failures are caused by," so the answer must be the option that accounts for the largest portion of failures. Based on that, I'm going with B - Thefts by employees.
LO
Lou
1 year ago
Hmm, I'm not sure about this one. The question is asking about the main cause of business failures, but the options seem a bit broad. I'll have to think this through.
EM
Emmanuel
1 year ago
This seems like a straightforward question about the causes of business failures. I'll read through the options carefully and choose the one that best matches the information provided.
RE
Reita
1 year ago
Okay, I remember learning about OSPF LSAs in class. I think the key is understanding the difference between intra-area and inter-area LSAs.
RO
Rodrigo
1 year ago
This is a tricky one. I'm not entirely sure about the behavior of mirror services after a reboot with an "admin save". I'll have to review the relevant documentation to make an informed decision.
WI
Willow
1 year ago
I'm pretty sure services rendered is a solid requirement under SAB 104. Does that mean it couldn't be the one that isn't met? I feel torn between that and collectability.
MI
Ming
2 years ago
Yes, if customers are not satisfied with the product, it can definitely lead to business downfall.
PR
Providencia
2 years ago
I think D) Poor quality of product can also be a major factor in business failures.
FR
Frankie
2 years ago
That's a good point, internal theft can definitely contribute to business failures.
AD
Adell
2 years ago
I believe the answer could also be B) Thefts by employees.
MI
Ming
2 years ago
I agree with Frankie, mismanagement can lead to business failures.
FR
Frankie
2 years ago
I think the answer is C) Mismanagement.
LO
Lorenza
2 years ago
I think B) Thefts by employees can also be a major factor in business failures.
ST
Stefan
2 years ago
I believe it's D) Poor quality of product, if customers aren't satisfied, the business can fail.
YO
Yoko
2 years ago
I agree with Maryanne, mismanagement can definitely lead to business failures.
MA
Maryanne
2 years ago
I think the answer is C) Mismanagement.