Question: Kipp leased a small building and converted it into a hockey supply shop. He had assumed that he could run a successful business if he

Kipp leased a small building and converted it into a hockey supply shop. He had
assumed that he could run a successful business if he had enough money to get
started. However, his business faces seasonal variations in sales. He now finds it
difficult to meet the day-to-day expenses of the business. Which problem is Kipp's
business facing?
Multiple Choice
bureaucracy
lack of startup capital
competition
inability to cope with growth
undercapitalization
Kipp leased a small building and converted it into a hockey

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