BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lack of Finance
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Stepping into new markets
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Dual Responsibility
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All of the above
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Detailed explanation-1: -Risk-bearing is an essential requisite of a successful entrepreneur. In addition to above problems, inadequate infrastructural facilities, shortage of power, high cost of production, social attitude, low need for achievement and socioeconomic constraints also hold the women back from entering into business.
Detailed explanation-2: -Lack of Social and Institutional Support Most women business owners don’t get the social support they require to kick start their business from families, peers, and immediate ecosystems. Lack of mentorship from the business community is also one of the main challenges faced by women entrepreneurs in the country.
Detailed explanation-3: -The top 10 challenges faced by entrepreneurs today Cash flow management. Hiring employees. Time management. Delegating tasks.
Detailed explanation-4: -Some of the general problems are:-Problems of Finance 2. Scarcity of Raw Materials 3. Stiff Competition 4. Marketing Problem 5.
Detailed explanation-5: -The number one hurdle that female entrepreneurs in India face is the lack of monetary support. They lack adequate access to finances and credit-lending facilities. There is a widespread but hugely erroneous belief that a woman’s right to ancestral property and wealth is limited to her dowry.