INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Long-term
|
|
|
Short-term
|
|
|
Future
|
|
|
Distant
|
Detailed explanation-1: -Short-term planning is an operational piece that is crucial to the success of an organization. Usually, lower-level employees can execute short-term projects assigned by their manager. Changes to workflow processes and technology can help streamline a team looking to achieve a company’s long-term goals.
Detailed explanation-2: -Short-term plans generally allocate resources for a year or less. They may also be referred to as operational plans because they are concerned with daily activities and standard business operations.
Detailed explanation-3: -Assess your long-term strategy. Establish a workgroup. Examine staff skills and resources. Assign tasks to the goal. Set a budget and expectations. Track progress throughout execution and make changes as needed. 10-Mar-2023