Understanding Business, 10th Edition

Published by McGraw-Hill Education
ISBN 10: 007352459X
ISBN 13: 978-0-07352-459-7

Chapter 6 - Entrepreneurship and Starting a Small Business - Developing Workplace Skills - Page 176: 4

Answer

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Work Step by Step

One example of a local small business that failed was a fast food business. Due to incompetent management, they failed to get the orders done quickly and effectively, causing them to lose customers despite the quality of their food.
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