asked 32.7k views
5 votes
the form of business failure in which the owner recognizes that the business isn't generating sufficient returns to warrant the effort to continue operations is known as:

asked
User Reectrix
by
8.0k points

1 Answer

5 votes

Answer"business insolvency" or "business closure."

Step-by-step explanation:

The form of business failure you are referring to is called "business insolvency" or "business closure." It occurs when the owner or management realizes that the business is not generating enough profits or returns to justify the ongoing operation and decides to cease operations.

answered
User DewinDell
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories