ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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perform the required tasks in accordance with existing standards of excellence
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seek to prioritize the satisfaction and interest of costumers
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strive to do things better and faster
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stick to his own judgement
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Detailed explanation-1: -BEING EFFICIENT HELPS YOUR BUSINESS GROW Since you’ll have fewer costs associated with producing your goods, you’ll then have sufficient money available to make investments, expand your inventory, and set up new locations.
Detailed explanation-2: -Any successful entrepreneur requires business agility, with the ability to learn and adapt to new methods, processes or technology that can make their business stronger and more efficient.
Detailed explanation-3: -A successful entrepreneur always finds ways to do things faster or with fewer resources or at a lower cost. They look for or finds ways to do things faster or at less cost.An entrepreneur uses information or business tools to improve efficiency.
Detailed explanation-4: -A person who is efficient produces more products using more production input. As an information-seeker, an entrepreneur uses verified data in making economic decisions. A quality-oriented entrepreneur produces goods that are of high quality based on his/her perception.