INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Conceptualizing the business idea
|
|
|
Comparing customer numbers and feedback
|
|
|
Comparing productivity levels
|
|
|
Comparing average delivery times
|
Detailed explanation-1: -Profitable. A good business plan should be profitable, there are no doubts about that. Competitive. This is pretty much straight forward. Good cash flow. This criterion is very important. Innovative is a very frequent and important characteristic. Sustainable. Feasible. Environmentally sound. Legal. More items •17-Dec-2020
Detailed explanation-2: -Determine a target market. A target market is a group of people who are likely to purchase a company’s products or services. Create a buyer persona. Conduct a market analysis. Analyze your competitors. Understand your finances. Get feedback. 03-Feb-2023
Detailed explanation-3: -A short description of the business. Explain what your business is about and the reason for starting this endeavor. Market need. Core products or services. Target market. Business model. Unique Value Proposition. Competitive Analysis. Goals. 16-Dec-2020
Detailed explanation-4: -Business-To-Business Models (B2B): Business-To-Consumer Models (B2C): Subscription Based Models: On-DEMAND BUSINESS MODEL. 22-Aug-2022