ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are some of the challenges that home-based businesses have? (Select ALL that apply)
A
Getting new customers
B
Managing time
C
working with a large number of employees
D
Keeping work and family tasks separate
Explanation: 

Detailed explanation-1: -Lack of Social Interaction Remote work can feel isolating. It can result in poor mental health issues like depression or anxiety if not taken care of. It’s common to experience a lack of social interaction, especially due to the prolonged hours of remote work.

Detailed explanation-2: -Family problems. Informal culture and structure. Pressure to hire family members. Lack of training. High turnover of non-family employees. Sources for growth. Lack of an external view. More items •27-Oct-2011

Detailed explanation-3: -1.Succession Planning. 2.Wealth Management. 3.Professionalism. 4.Participation of Women. 5.Adapting to Change. 27-Dec-2020

Detailed explanation-4: -Limited access to cash for financial growth. Lack of business plan. Problems with cashflow. Difficulty in recruiting talented staff. Having trouble standing out in the market. Losing your passion for the business. Pivoting to a new business model. More items

There is 1 question to complete.