INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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to run and manage the business successfully
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to be able to sustain the business operation
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to be able to sit down and let the business staff do the operation
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to avoid failures
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Detailed explanation-1: -Experts say some good first steps in starting a business are researching competitors, assessing the legal aspects of your industry, considering your personal and business finances, getting realistic about the risk involved, understanding timing, and hiring help.
Detailed explanation-2: -The resources you need to start a business can be broken into five broad categories: financial, human, educational, emotional and physical resources.
Detailed explanation-3: -A Business Idea. Knowledge or Expertise. Market or Demand. Start-up Costs. Capital and Finance. Competition. Location. Staff. More items •17-Oct-2018
Detailed explanation-4: -Poor cash flow management. Losing control of the finances. Bad planning and a lack of strategy. Weak leadership. Overdependence on a few big customers.