When Chef Daniel thought up his idea for drone-delivered desserts, he thought he had something the public would gladly welcome. He couldn’t convince anyone to invest in funding the business, but luckily, he had enough money to launch it himself, including money for a sizable marketing budget. Unfortunately, Daniel only received a few orders for his desserts, and even those orders appeared to be prank calls. Which phrase BEST describes the most likely reason for his business failure?
(1 point)
Responses
Lack of customer focus
Lack of customer focus
Bad business idea
Bad business idea
Not enough managerial experience
Not enough managerial experience
Lack of cash