ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

CHARACTERISTICS OF AN ENTREPRENEUR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A(n) ____ risk is one that has been carefully evaluated using such tools as cost/benefit analysis or SWOT analysis
A
strong
B
low
C
calculated
D
threat
Explanation: 

Detailed explanation-1: -A SWOT analysis is a planning tool which seeks to identify the Strengths, Weaknesses, Opportunities and Threats involved in a project or organisation. It’s a framework for matching an organisation’s goals, programmes and capacities to the environment in which it operates.

Detailed explanation-2: -SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats.

Detailed explanation-3: -SWOT Analysis (short for strengths, weaknesses, opportunities, threats) is a business strategy tool to assess how an organization compares to its competition. The strategy is historically credited to Albert Humphrey in the 1960s, but this attribution remains debatable. There is no universally-accepted creator.

Detailed explanation-4: -What does the business do well? What is your competitive advantage? What internal strengths does your business have? What external strengths does your business have? How can the business build on its strengths? What skills and training do you and your staff have? More items •08-Dec-2022

There is 1 question to complete.