ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Small-business owners have a ____ idea.
A
great
B
big
C
silly
D
risky
E
futuristic
Explanation: 

Detailed explanation-1: -Keep an eye on current events and trends that are creating new market needs. Look for new markets or gaps in an existing market. Consider different pain points in your life and how a product or service might solve them. Create a business name and write up a business plan before you launch.

Detailed explanation-2: -Starting your own business has several financial benefits over working for a wage or salary. First, you’re building an enterprise that has the potential for growth – and your wallet grows as your company does. Second, your business itself is a valuable asset. As your business grows, it’s worth more and more.

There is 1 question to complete.