| Many observers of traditional cooperative businesses believe that undercapitalization is their biggest problem. |
| It is a product that has survived undercapitalization, it has survived mismanagement and it has grown the more exposure that it has gotten. |
| The adjustments allow a clear demonstration of the consequences of this undercapitalization for the development of social economy enterprises. |
| But they met with repeated frustration for reasons ranging from undercapitalization to a lack of marketing savvy to simple bad luck. |
| The number one reason small businesses fail is undercapitalization or inadequate cash flow. |
| University presses have been slower to adopt technology and systems analysis due to undercapitalization and a more conservative culture. |
