ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurs know what resources are needed in their business and how these could be utilized effectively and efficiently.
A
Ability to organize resources
B
Organized and an organizer
C
Success-oriented
D
Hardworking
Explanation: 

Detailed explanation-1: -Effectively managing resources helps companies more consistently deliver projects and services on time. This is because better resource management helps improve insight into resource availability as well as improves timeline projections.

Detailed explanation-2: -A great entrepreneur must be able to effectively communicate, sell, focus, learn, and strategize. An ability to continuously learn is not just a key entrepreneurial skill, but also a very valuable life skill. Growing a business requires a sound strategy based on inherent business sense and skills.

Detailed explanation-3: -Resource planning usually involves creating a schedule that details information about those resources – what they’re used for, when, and how. By identifying all the resources you need to deliver a project or product within a specific timeframe, you’ll gain more control over your outgoings and cash flow.

Detailed explanation-4: -Funding. News. Advertising. Social media. Website creation. Employee management. Analytics. Manufacturing. More items

There is 1 question to complete.