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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cash
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cooperation
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concept
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competition
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Detailed explanation-1: -These three C’s include: (1) having a concept of what your business is all about; (2) identifying who your customer or client will be; and (3) figuring out how the cash flow in your business will actually work.
Detailed explanation-2: -A business concept is a brief document that explains the purpose of a business and how it relates to the market. It describes how the business solves a problem for potential consumers or how it improves some aspect of their lives.
Detailed explanation-3: -Main Components of a Business Plan It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights.
Detailed explanation-4: -Operational Planning. “Operational plans are about how things need to happen, ‘’ motivational leadership speaker Mack Story said at LinkedIn. Strategic Planning. “Strategic plans are all about why things need to happen, ‘’ Story said. Tactical Planning. Contingency Planning. 07-Jul-2017