ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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education
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age
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no business idea
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all of the above
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Detailed explanation-1: -Small business startups. Buyable startups. Scalable startups. Offshoot startups. Social startups. 01-Feb-2021
Detailed explanation-2: -A great idea. “No business can develop in the absence of a great idea. Funding and budget. What is your business plan? Legal documentation. Passion. Find the right equipment. Know when you need help. 09-Nov-2022
Detailed explanation-3: -Secure financing. Apply for federal/state tax ID numbers. Open a business bank account, credit card, and line of credit. Obtain a business license and/or permits. Apply for business insurance. Consider what tools and software you’ll use. 15-Jul-2022
Detailed explanation-4: -Coasting, opportunity comes to them (or it doesn’t) Conservative (very moderate use of resources, protecting existing resources) Aggressive (proactive, all-in, actively seeks opportunity) Innovator/Revolutionary (attains growth through innovation)