ENTREPRENEURSHIP

Detailed explanation-1: -Hiring, keeping, and managing good people are crucial to business success. As your business grows, you’ll depend more on your employees. You need to develop a positive working relationship with them, train them properly, and motivate them to provide quality goods or services. Satisfy your customers.

Detailed explanation-2: -Operations is the work of managing the inner workings of your business so it runs as efficiently as possible. This can help streamline costs, allowing you to do more with less and reducing the need to secure small business loans.

Detailed explanation-3: -An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures.

Detailed explanation-4: -Production: creating goods and services for customers. Administrative: managing the day-to-day operations of a business. Financial: managing money and investments, handling accounting and taxes. 29-Nov-2022