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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From the list below, select all the activities performed by an entrepreneur.
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Idea generation
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Market research
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Recruitment
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Project implementation
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Procurement
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Explanation:
Detailed explanation-1: -Stage 1: Identifying Needs. Stage 2: Purchase Requisitioning and Approvals. Stage 3: Finalizing Budgets and Handling Quote Requests. Stage 4: Establishing Vendor Agreements. Stage 5: Invoice Reconciliation and Quality Assurance. The Ultimate Procurement Management Guide?
Detailed explanation-2: -Sourcing. It starts by qualifying suppliers before initiating negotiations. Negotiation. Contracting. Monitoring of suppliers’ performance. Compliance with business protocols. Leveraging technology to help in procurement functions. 06-Oct-2020
There is 1 question to complete.