ECONOMICS
ENTREPRENEURS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Detailed explanation-1: -Entrepreneurs discover opportunities when they search for them in the existing markets. This means that they observe technological, economic, or social trends. They observe the changing environment and events in their professional or daily life. They talk to people in their network.
Detailed explanation-2: -1. Idea Generation: every new venture begins with an idea. In our context, we take an idea to be a description of a need or problem of some constituency coupled with a concept of a possible solution.
Detailed explanation-3: -Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs. More items
Detailed explanation-4: -Social entrepreneurship. Scalable startup entrepreneurship. Small business entrepreneurship. Large company entrepreneurship. Innovation entrepreneurship. 21-Jan-2022