when there is no demand for a product companies go bankrupt.\no true\no false
when there is no demand for a product companies go bankrupt.\no true\no false
Answer
Answer:
A. True, B. False
Brief Explanations:
In business, lack of product - demand can lead to financial difficulties and bankruptcy as companies rely on sales for revenue. However, companies may have other strategies like cost - cutting, diversifying, or accessing reserves to avoid bankruptcy even with low demand. So it's not an absolute that they will go bankrupt when there is no demand for a product.