ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A ____ describes the nature of your business and list the marketplace needs that you are trying to satisfy.
A
Market Analysis
B
Financial Reports
C
Appendix
D
Company Description
Explanation: 

Detailed explanation-1: -Age of buyers. Size of the market. Customer buying patterns. Customers’ income. State of the current market. Competition. How to distribute the product. 26-Jan-2023

Detailed explanation-2: -Find out what your customer wants. Find out what products or services are currently available. Find out how satisfied your customers are with the current products or services compared to yours. Build an ongoing relationship with your customers. 10-Nov-2021

Detailed explanation-3: -Fulfil Consumer Need. Fulfilling the consumer needs starts with understanding what your product does and how it helps people. Adding Value With Inclusions. Consumers may have more than one need or have a need plus a desire. Optional Pricing Structure. Ease of Use. Build a Relationship. 17-Mar-2021

Detailed explanation-4: -Pick Proven Categories. Listen to the Market. Keep Current Customers. Test Your Product. 18-Sept-2014

There is 1 question to complete.