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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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Your business plan needs to detail how your business will be capitalized, managed and marketed. A typical business plan includes all of the following sections: Executive Summary (always prepare last), Business Description, Product/Service Description, Marketing Plan, Operational/Management Plan, and Financial Plan.
Detailed explanation-2: -Establish your differentiator. Your value proposition will go a long way towards determining the success of your business. Identify your ideal customer. Analyse your revenue streams. Learn from your competitors. Maximise talent. 29-Apr-2022
Detailed explanation-3: -your mission statement. company information and management team. growth highlights. products/services. financial information. The market and your customer. market opportunity. marketing and sales. More items
Detailed explanation-4: -Make Your Vision Clear. Focus on One Particular Niche. Work to Differentiate Your Brand. Modify Your Business Model. Consider Whether You Want to Sell the Business Eventually. Be Ready to Adapt as the Market Changes. Hold Yourself Accountable. More items •16-Nov-2021