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MGT211 Introduction To Business GDB 1 Solution Fall 2014

Dear Students!

This is to inform that Graded Discussion Board (GDB) No. 01 will be opened on December 02, 2014 for discussion and last date for posting your discussion will be December 04, 2014

Topic/Area for Discussion

 “Success and Failure of Business

Solution:

Main causes of business failure can be as follows

1. Lack of Market Knowledge

2. Start of any business without having proper experience in the field

3. Lack of control over procedure

4. Lack of understanding of customer’s demands

5. Poorly designed production process

6. Insufficient capital and wastage

7. Natural disaster and bad luck

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