A database management firm experienced a massive computer virus that corrupted all of its databases. Shortly after, the company went out of bu

Which is most likely the reason this company went out of business?

Multiple Choice

The crisis management team couldn't come up with a favorable solution to this crisis.

Competing firms refused to help the firm restore its operations.

There is no way to recover from a crisis.

The owners of the firm decided not to respond to the crisis.

The firm didnt bave an uodated contjngency plan to handle such a crisis

One of the major reasons people want to own and operate their own business is to

Multiple Choice

avoid the risk of competition.

be their own boss.

avoid multitasking.

reduce stress levels.

avoid direct responsibility for the operations.