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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financing
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misunderstanding of cultural differences
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heavy bureaucratic paperwork
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limited technology
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Detailed explanation-1: -Financial risk. The financial resources needed to start and grow a business can be extensive. Stress. As a business owner, you are the business. Time commitment. People often start businesses so that they’ll have more time to spend with their families. Undesirable duties.
Detailed explanation-2: -Possible income instability. Potential of financial risk. Some uncertainty. Longer working hours. Possible lack of guidance. 30-Nov-2022
Detailed explanation-3: -Small Businesses Have Less Brand Recognition. Small Businesses Experience Higher Costs. Small Businesses Have Smaller Budgets. More items
Detailed explanation-4: -Financial Risks. Depending on the type of business you’re creating, you generally need to spend money to make money – and in the beginning, you may find you’re spending more. Stress & Health Issues. Time Commitment. Numerous Roles, Whether You Like It Or Not. 26-Nov-2021