reason for failure and visible problem

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Page 1: Reason for Failure and Visible Problem
Page 2: Reason for Failure and Visible Problem
Page 3: Reason for Failure and Visible Problem

Lacking Feedback:–In new business when feed back or communication is not existing between the various parties of a unit than there will be a hurdle in entrepreneurship.

Page 4: Reason for Failure and Visible Problem

Absence of Internal control: –Control over the business comes from the internal side of the business specially for a new entrepreneur. So less internal control always be a problem.

Page 5: Reason for Failure and Visible Problem

Team Building:–A new business depends on the coordination and team efforts .lacking with team building always be a problem for entrepreneur.

Page 6: Reason for Failure and Visible Problem

Career risk:—loss of employment security can be a problem for starting a new business because if entrepreneur don’t get success than he also loosing an employment opportunity for himself.

Page 7: Reason for Failure and Visible Problem
Page 8: Reason for Failure and Visible Problem

Non-availability of raw-material

Unfavorable change in govt.

The external causes are beyond the control of the industry & usually effect the industry group as a

whole.

Page 9: Reason for Failure and Visible Problem

Industrial strikes, etc.

Irregular supply of vital inputs such as power, water, etc

Fiscal irregularities

Page 10: Reason for Failure and Visible Problem

Shortage of working capitalLack of Industry ExperiencePoor Business PlanningLack of Entrepreneurial SkillExtending too much credit and poor credit control

The internal causes are within the control of the industry.

Page 11: Reason for Failure and Visible Problem

Lack of control on key areas like management, finance, inventory, etc.

An improper demand forecast for the products to be sold.

Wrong choice of technology, wrong location etc.

Poor pricing strategies

Page 12: Reason for Failure and Visible Problem

Inability to reach decisions and act on them

Poor personnel relations

Poor relations with suppliers

Lack of quality processes

Page 13: Reason for Failure and Visible Problem

Poor customer relations

Failure to anticipate market trends

Failure to promote and maintain a favorable public image

Page 14: Reason for Failure and Visible Problem