ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Entrepreneurs should observe at least four types of trends-economic, social, technological and regulatory-to identify business opportunities and grow their startups. By paying close attention to economic trends, they can identify areas that are ripe for new ideas.

Detailed explanation-2: -Environment also play an important role in the success and growth of an existing enterprise. If a company is able to adapt to its environment, it would succeed in the long-run. But if it fails to adapt to its environment, it might fails in the long-run and disappear like dinosaurs.

Detailed explanation-3: -Technological factors. Economic factors. Political and legal factors. Demographic factors. Social factors. Competitive factors. Global factors. Ethical factors. More items •13-Jul-2021

Detailed explanation-4: -Entrepreneurial Ecosystems. Intrapreneurship. Social Entrepreneurship. Aboriginal (Indigenous) Entrepreneurship. Community-Based Enterprises and Community-Based Entrepreneurship. Family Businesses.