ENTREPRENEURSHIP

INNOVATION AND CREATIVITY

INNOVATION IN ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following method entrepreneur can use to do international business with least risk?
A
Merger
B
Synergy
C
Joint venture
D
Turnkey projects
Explanation: 

Detailed explanation-1: -Exporting is the direct sale of goods and / or services in another country. It is possibly the best-known method of entering a foreign market, as well as the lowest risk.

Detailed explanation-2: -(c) Fabian Entrepreneurs: Fabian entrepreneurs are characterized by very great caution and skepticism in experimenting and change in their enterprise. They imitate only when it becomes perfectly clear that failure to do so would result in a loss of the relative position in the enterprises.

Detailed explanation-3: -Getting your business funded is one of the main issues that all business face and have to tackle in order to survive.

Detailed explanation-4: -Key Takeaways. 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.

There is 1 question to complete.