INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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start over
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immediately move to another business model
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try the next best laternative
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learn to hang glide
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Detailed explanation-1: -Implement and follow up on the solution.
Detailed explanation-2: -First, the alternative should match the goals and objectives of the business. Second, the alternative should match the current assessment of the strengths of the business. Third, market opportunities need to exist for the products. Lastly, the product should be able to be made efficiently and effectively.
Detailed explanation-3: -Step 6: Evaluate the outcome Evaluate how effective the solution was.
Detailed explanation-4: -defining the ‘ideal’ solution. eliminating unviable solutions, ie those which do not meet the constraints. evaluating the remaining solutions against the results required. assessing the risks associated with the ‘best’ solution and, if acceptable. More items