ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Entrepreneur
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Entrepreneurship
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Enterprise
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production
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Detailed explanation-1: -Entrepreneurs are in full control of their destiny, so they are not concerned with aspects beyond their control. Freedom is the ultimate goal in everybody’s life, entrepreneurs are individuals who can enjoy this freedom.
Detailed explanation-2: -A free enterprise aims to increase freedom, market efficiency, consumer rights, financial security and stability, and economic opportunities. Though free enterprise grants more freedom, there is higher risk of more several economic crises without government intervention.
Detailed explanation-3: -Market risk. Factors affecting a market sector or the economy can impact new businesses, and aspiring entrepreneurs need to take these risks into account. Financial risk. Competitive risk. Technology risk. Career fulfillment. Work-life balance. Leadership experience. Company control. 02-Sept-2022