ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
they want to set their own schedules
|
|
|
they hope to pursue a personal dream
|
|
|
they want to work at home but still earn an income
|
|
|
all of the above
|
Detailed explanation-1: -People go into business for themselves because of all the reasons mentioned: They want to set their own schedules. They hope to pursue a personal dream.
Detailed explanation-2: -An entrepreneur is a person who sets up a business with the aim to make a profit.
Detailed explanation-3: -A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.
Detailed explanation-4: -The nature of a business describes the type of business it is and what its overall goals are. It describes its legal structure, industry, products or services, and everything a business does to reach its goals. It depicts the business’s problem and the main focus of the company’s offerings.