What Causes Decreased Quality in Entrepreneurship?
Decreased quality in entrepreneurship can stem from several factors. One common cause is insufficient market research, which can lead to products or services that do not meet customer needs. Another factor is poor resource management, where inadequate allocation of time, money, or talent results in subpar outputs. Additionally, a lack of quality control mechanisms, such as regular testing and feedback loops, can contribute to declining standards. Lastly, rapid scaling without corresponding increases in quality measures can lead to a drop in product or service quality.