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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FAIL AT THE LAUCH
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ORGANIZE A PREMIERE
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SHARE INFORMATION
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SUCCEEDD AT THE LAUNCH
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Detailed explanation-1: -No matter how bold or ambitious your plans are to grow your business, the key to your business’s success lies in three critical, interdependent components: operational excellence, customer relations/communications and financial management.
Detailed explanation-2: -A successful business plan should incorporate a set of targets and objectives. While the overall plan may set strategic goals, these are unlikely to be achieved unless you use SMART objectives or targets, i.e. Specific, Measurable, Achievable, Realistic and Timely.
Detailed explanation-3: -Plan your business growth. Poor planning is one of the main obstacles to growing a business. Maintain business relationships. Manage and motivate staff. Manage your own workload.
Detailed explanation-4: -Conduct market research. Market research will tell you if there’s an opportunity to turn your idea into a successful business. Write your business plan. Fund your business. Pick your business location. Choose a business structure. Choose your business name. Register your business. Get federal and state tax IDs. More items